Solör Bioenergy Group’s main shareholder Nordic Infrastructure AG (NIAG) successfully completed a EUR 200m Green Financing.
NIAG announced today that it has completed a EUR 200m Green Financing under the established Green Finance Framework.
“With this new financing, we have attracted global long-term investors enabling us to accelerate the growth strategy in Solör Bioenergy Group together with our co-shareholders,” says Martinus Brandal, CEO of NIAG. “Together with DNB Markets, we have attracted two of the biggest long-term debt investors in the world as our future partners,” says Brandal.
The new funds will be used to refinance NIAG’s existing debt facility as well as investing in the future growth of Solör Bioenergy Group and ensuring liquidity for the ordinary course of business of NIAG.
DNB Markets acted as Sole Financial Advisor and Sole Sustainable Finance Advisor in the transaction.
For more information, contact:
CEO, Nordic Infrastructure AG
+47 916 30 060
Solör Bioenergy Group
Solör Bioenergy Group is a leading player in renewable energy based on wood fuels with over 200,000 users every day. The company is located at 165 sites, primarily in Sweden and Norway, where they produce and distribute district heating, steam and electricity to homes, companies, public enterprises and industries. The business also includes energy recovery of impregnated wood and production of biofuel. By making use of the forest’s resources, Solör wants to make way for a sustainable society with reduced carbon dioxide emissions. The head office is located in Stockholm, Sweden. Read more about Solör Bioenergy Group at www.solorbioenergi.com.
Nordic Infrastructure AG
NIAG is an industrial holding company domiciled in Switzerland, owned by the founders of Solör Bioenergy Group. NIAG is the main controlling shareholder in Solör Bioenergy Group, and its strategy is to be a long-term active and driving shareholder within renewable energy in Sweden and Norway. We strive to improve the impact on a better sustainable society.