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Add to Preferred SourcesNIB and Mexico’s National Bank of Foreign Trade have signed an agreement for a 15-year financing facility, totalling USD 50 million (EUR 44.8 million), for projects of interest to Mexico and NIB’s member countries, particularly in renewable energy.
The funds under the loan programme will be on-lent to projects that are in line with NIB’s eligibility criteria and have a substantial potential for cooperation between businesses in Mexico and the Nordic-Baltic region. The preliminary pipeline includes projects in wind and solar energy production.
“We are pleased to continue our cooperation with Bancomext. This joint effort will provide long-term financing to larger projects and support mutual business interests ”, says Henrik Normann, NIB President & CEO.
Original source: NIB
Published on 23 May 2019