Announcement
19 May 2025
In May 2025, the Nordic Investment Bank (NIB) signed a loan agreement with Sogn og Fjordane Energi AS to finance the upgrade of the Øksenelvane hydropower plant in Norway, aimed at increasing renewable electricity generation and improving operational efficiency.
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
Implementation date
19 May 2025
Revocation date:
No revocation date
On 19 May 2025, the Nordic Investment Bank (NIB) signed a EUR 30 million (USD 40.4 million) loan with Sogn og Fjordane Energi AS (SFE). The loan will finance the Øksenelvane hydropower plant upgrad...
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