News
01 July 2022

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 Proximo subscriber, please login to continue reading

Login

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

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


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.

Perspective
07 November 2024

Colombian infrastructure: Slow lane, not dead end

Colombia’s Petro administration has not shown much enthusiasm for concession-based road financings. But the financing record of the last two years suggests that its hostility...