- NIB has signed a SEK 1 billion 15-year credit facility with the City of Malmö
- The financing supports investments in wastewater infrastructure.
- The project contributes to improved water management and environmental protection.
The financing will support investments in wastewater and stormwater infrastructure in Malmö during 2025–2029. The investments will be carried out by VA Syd, a municipal federation providing water and wastewater services, as well as waste management solutions to Malmö, Burlöv, Eslöv, Lomma, and Lund.
The investment programme includes the renewal and expansion of pipeline networks and related systems to maintain reliable services and support urban development.
The upgrades are expected to improve the management of wastewater and stormwater, and reduce environmental impacts.
“Investments in water infrastructure are essential for ensuring reliable services and protecting the environment. This financing supports the continued development of a sustainable urban infrastructure,” says Jeanette Vitasp, NIB Vice-President, Head of Lending.
“The City of Malmö appreciates NIB’s continued support in financing our water infrastructure investments for the period 2025–2029. These investments are essential for ensuring a sustainable water supply for a growing city. As Malmö faces large investments in water infrastructure in the coming decade, NIB’s continued support and ongoing dialogue on future financing are highly valuable,” says Claes Ramel, Head of Treasury, City of Malmö.
The City of Malmö is one of Sweden’s largest municipalities and is responsible for public services including water, wastewater and urban infrastructure.
NIB is the international financial institution of Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden. The Bank finances projects that improve productivity and benefit the environment of the Nordic-Baltic region. The Bank is headquartered in Helsinki with a regional hub in Riga. NIB has the highest possible credit rating, AAA/Aaa, with S&P Global Ratings and Moody’s.
Contact:
Tiina Kuusela, Senior Banker, +358 10 618 0241, tiina.kuusela@nib.int
Tommy Hellström, Associate Communications Officer, +358 10 618 0214, tommy.hellstrom@nib.int