Varanger Kraft's Berlevag

Varanger Kraft's Berlevag Hydrogen - NIB

Industry
Power/Grey Hydrogen
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
Norway

Deal Overview

The Nordic Investment Bank has signed a seven-year loan agreement with Norwegian utility company Varanger Kraft to upgrade its hydrogen facility for commercial operations and improve the electricity distribution network in the Varanger region. A segment of the NOK50 million ($4.6 million) loan will...

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Deal Volume
$4.62m
Financial Close
26/09/2023
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Project Deals

Varanger Kraft's Berlevag Hydrogen
$4.62m
Greenfield
Grey Hydrogen
Europe
Europe
Norway