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Norway: NIB signs EUR 43.70 million loan with Arva AS for to improving grid efficiency and resiliency

Description

On 1 March 2024, the Nordic Investment Bank (NIB) signed a EUR 43.70 million (USD 47.3 million) loan with Arva AS. The loan will finance the company's construction of new power lines, cables, and subs...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Mar 2024

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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