Global Trade Alert
Global Trade Alert

Faeroe Islands: NIB signs EUR 34 million loan agreement with Elfelagið SEV

Announcement

29 Jun 2022

In June 2022, the Nordic Investment Bank (NIB) signed a loan agreement with Elfelagið SEV to co-finance the construction of a pumped hydroelectric energy storage system in the Faroe Islands.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Jun 2022

Revocation date:

No revocation date

Updated: 29 Jun 2022
State loan In force
On 29 June 2022, the Nordic Investment Bank (NIB) signed a loan agreement with Elfelagið SEV to co-finance the construction of a pumped hydroelectric energy storage system in the Faroe Islands. The to...
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