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Iceland: NIB signs USD 50 million loan with Landsnet hf for enhancing the electricity grid

Description

On 15 May 2024, the Nordic Investment Bank (NIB) signed a USD 50 million loan with Landsnet hf. The loan will finance the construction of new and upgrades of existing electric substations in Iceland. ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 May 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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