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Nordic–Baltic Blue Bond

Wastewater treatment is key to protecting Baltic Sea

9 mins read

The FINANCIAL — Issued this October, NIB’s Blue Bond is financing a loan to the Blominmäki wastewater treatment plant in the City of Espoo, Finland. Once ready, the advanced treatment will significantly reduce the discharge of nitrogen and phosphorous into the Baltic Sea. Wastewater treatment is one of the fastest ways we can improve the state of our sea. Here is how it is being done. From afar, only a 98 meter tall pipe, a landmark of sorts, gives away the exact location of the Blominmäki underground wastewater treatment plant (WWTP), even though it is one of the biggest and…

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Wastewater treatment is key to protecting Baltic Sea

9 mins read

The FINANCIAL — Issued this October, NIB’s Blue Bond is financing a loan to the Blominmäki wastewater treatment plant in the City of Espoo, Finland. Once ready, the advanced treatment will significantly reduce the discharge of nitrogen and phosphorous into the Baltic Sea. Wastewater treatment is one of the fastest ways we can improve the…

NIB issued 5-year SEK 1.5 bln Nordic–Baltic Blue Bond

3 mins read

The FINANCIAL —  On 6 October, NIB issued a new Nordic–Baltic Blue Bond focusing on water related investments. The five-year SEK 1.5 billion issue will be used to finance projects within water management and protection..  The transaction is NIB’s second Nordic–Baltic Blue Bond launched under the Bank’s Environmental Bond Framework. The use of its proceeds…