The Nordic Investment Bank (NIB) has signed a 10-year loan agreement with European power generator Statkraft AS to support its investment programme.
The US$339 million loan will finance Statkraft’s ongoing efforts to strengthen its renewable energy portfolio and maintain its leading role in sustainable power generation.
“We are pleased to support a key player in the renewable energy sector. Investments in sustainable power generation are crucial to ensuring a resilient and efficient energy infrastructure,” said Patrik Marckert, Director, Head of Project & Structured Finance, NIB.
Statkraft is Europe’s largest producer of renewable energy. The company generates hydropower, wind power, solar power and gas power, and supplies district heating. The company has over 7,000 employees and operates in more than 20 countries.
