Fortum Oyj

Imatra and Langstrommen Hydro - NIB Direct Loan

Borrower(s)
Fortum Oyj
Industry
Power/Large hydro
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
Finland

Deal Overview

The Nordic Investment Bank has signed a ten-year loan agreement of €70 million with energy company Fortum Oyj to finance the refurbishment of two hydropower plants in Sweden and one in Finland.  The refurbishment includes the repair and reinforcement of dam structures and gates, expansion...

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Deal Volume
$75.73m
Financial Close
27/04/2020
Dealmakers

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Tranches

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Project Deals

Imatra Hydropower Plant Renovation
$37.87m
Brownfield
Large hydro
Europe
Europe
Finland
Langstrommen Hydropower Plant Renovation
$37.87m
Brownfield
Large hydro
Europe
Europe
Finland