Nordic Investment Bank (HQ)

Two solar park projects in Finland

Last update: Dec 6, 2024 Last update: Dec 6, 2024

Details

Location:Finland
Finland
Category:Unspecified/other
Status:Approval
Sectors:Energy
Languages:English
Contracting authority: Utajarven Solarpark Oy
Contracting authority type:Other public service entity
Eligibility:Unknown
Budget: EUR 25,000,000
Date posted: Oct 31, 2024

Attachments 0

Associated Awards

Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
Programming
Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation

Description

Finland. Utajärven Solarpark Oy & Skarta Energy Solarparks Oy Date of agreement: 29 Oct 2024Country: FinlandCustomer: Utajärven Solarpark Oy & Skarta Energy Solarparks OyAmount in EUR: EUR 25 millionMaturity: 4 years ProjectThe loan has been provi
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tender Background

About the Funding Agency

NIB finances projects that improve competitiveness and the environment of the Nordic and Baltic countries. The Bank offers long-term loans and guarantees on competitive market terms to its clients in the private and public sectors. NIB is an international financial institution owned by Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank has lending operations both in and outside its member countries. NIB acquires the funds for its lending by borrowing on the international capital markets. NIB's bonds enjoy the highest possible credit rating.

Type of projects: services, supply, works.

In order to see NIB opportunities on DevelopmentAid, please click here.

About the Sectors

Energy

Involves the production, transformation, transportation, and distribution of energy from renewable and non-renewable sources.


Key areas:
  • Renewable and non-renewable energy production
  • Energy infrastructure and distribution systems
  • Power generation and energy supply solutions

Locations

Finland

Finland invests in rail modernization, digital connectivity, renewable energy, and sustainable urban transport to strengthen economic resilience. Infrastructure expansion supports trade links with the Nordic region and the broader European market. Financing combines national resources, EU funding, and public-private partnerships. Energy security, climate adaptation, and technological innovation shape long-term infrastructure strategies.

Nr. of tenders: 8623
Nr. of grants: 15750
Nr. of donors: 535
Nr. of jobs: 17
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