NIB finances energy storage on Faroe Islands

In:

Renewables

Region:

Europe

NIB has signed a 15-year loan deal with Faroe Islandic power company SEV to finance the construction of a pumped hydroelectric energy storage system to allow for new renewable energy capacity on the Faroe Islands. The DKK 250 million (about $35 million) loan will co-finance a system consisting...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

ECA, DFI and ODA – all under the one Kexim umbrella

Interview

04 November 2024

ECA, DFI and ODA – all under the one Kexim umbrella

It has been a year since Export-Import Bank of Korea (Kexim) set up a development finance operation. Hwang Kiyeon, senior executive director and board member at Kexim, sheds...

TXF, Proximo and Uxolo mourn the loss of Sean Keating

Perspective

04 November 2024

TXF, Proximo and Uxolo mourn the loss of Sean Keating

Exile Group is devastated to announce the death of our editor, Sean Keating.

Must See

Perspective

25 October 2024

Euro gigafactories: Parking debt

Europe’s gigafactory bubble is bursting with battery makers Northvolt and ACC halting schemes amid waning demand for EVs. With project sponsors reviewing business models, debt parking arrangements are underway. Have Europe’s EV hopes lost charge?

Interview

04 November 2024

ECA, DFI and ODA – all under the one Kexim umbrella

It has been a year since Export-Import Bank of Korea (Kexim) set up a development finance operation. Hwang Kiyeon, senior executive director and board member at Kexim, sheds light on Kexim's new development finance products and approach, and how they differ from traditional ECA offerings.

Perspective

04 November 2024