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Construction of three new hydropower plants in Agder and refurbishment of two existing plants in Buskerud and Telemark in southern Norway
Details
Location:
Norway
Contract type:
Unspecified/other
Status:
Approval
Sectors:
Energy, Civil Engineering
Languages:
English
Contracting authority:
Funding Agency:
Contracting authority type:
Supplier / manufacturer
Eligibility:
Unknown
Budget:
EUR 93,000,000
Date posted:
Oct 13, 2026
Description
Date: 12.10.2026Country: NorwayCustomer: Å Energi ASAmount in NOK: NOK 997 millionAmount in EUR: EUR 93 millionMaturity: 10 yearsBusiness sector: Public Sector & Utilities ProjectThe loan has been provided for the construction of three new hydro power
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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
Civil Engineering
Encompasses the planning, design, construction, and maintenance of the physical and naturally built environment and public works within the built environment.
Key areas:
- Designing and constructing resilient infrastructure
- Rehabilitating and maintaining the existing built environment
- Upkeep and modernization of transportation and public infrastructure
Locations
Norway
Norway invests in transport networks, offshore energy infrastructure, renewable power generation, and digital connectivity to support its diversified economy. Oil and gas revenues, managed through sovereign wealth funds, provide strong financing capacity for infrastructure development. Major projects include tunnels, bridges, and electrified transport systems across challenging terrain. Climate transition, regional connectivity, and sustainable energy expansion guide long-term planning.
Nr. of tenders: 5054
Nr. of grants: 2979
Nr. of donors: 414
Nr. of jobs: 17
Nr. of tenders: 5054
Nr. of grants: 2979
Nr. of donors: 414
Nr. of jobs: 17
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