Loan linked to sustainability goals
For almost 70 years, Swedish NIBE has manufactured energy-efficient and sustainable climate solutions, by taking care of the power of nature.
NIBE’s products provide homes with heating, cooling, ventilation and hot water with a minimal impact on nature.
NIBE wants to further accelerate its long-term sustainability ambitions and to be a positive force in the energy transition. NIBE will therefore continue to streamline operations in order to reduce the amount of purchased energy used by properties and manufacturing.
In addition to energy conservation, based on continued energy mapping, NIBE has minimised the use of conventional energy sources to heat their properties by increasing the use of heatpumps and energy-efficient ventilation solutions
“We are excited to once again finance our operations through SEK, this time with a focus on our sustainability goals. Over the years, SEK has proven to be a reliable financial partner”, says Hans Backman, CFO of NIBE Group.
The purpose of linking the loan to the company’s sustainability goals is to provide clear financial incentives and at the same time reward the company’s work to develop sustainable solutions that increase energy efficiency and reduce climate emissions.
Facts
Transaction: Financing for transition to fossil neutral energy
Amount: Skr 1 billion
Maturity: 7 years
Borrower: NIBE Industrier AB
Year: 2021