News & Media

In this section you will find our press releases, publications, news items and feature stories illustrating what we do and how we invest the money entrusted in us. As a rule of thumb, we publish pieces of news related to new environmental projects only after the loan agreements have been signed.

The corner stones of our disclosure policy are shaped by openness, transparency, objectivity, responsibility towards the contracting states, interaction with third parties and safeguarding client interests.

You can subscribe to our electronic newsletter or our printed customer magazine here. The fastest way to find out what’s going on at NEFCO is to follow us on Twitter or LinkedIn where we share a wide range of news stories related to the sectors in which we work. In case you want to subscribe to our video clips, you can register at our YouTube account here. Our feed of images related to our work is visible at our Instagram account here.

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News

Grant financing available for Baltic Sea related projects

Under the BSAP Fund grant financing can be awarded for projects in the Baltic Sea catchment area, in order to speed up the implementation of the HELCOM Baltic Sea Action Plan. Selected proposals may receive grant financing from EUR 30,000 to EUR 200,000 subject to certain co-financing requirements.

NEFCO and STR Tecoil invest in waste oil management in Russia

The Finnish oil re-refinery company STR Tecoil Oy is going to start collecting used lubricant oil in Russia for recycling. The company is financing its operations partly through a loan from NEFCO. At first, STR Tecoil will set up the collection system in St Petersburg and Leningrad region. The company then plans to eventually expand its operations to other regions. The collected waste oil will be sent to regeneration plants for the manufacture of new base oil products.

NEFCO co-finances the largest windfarm in Ukraine

The Nordic Environment Finance Corporation (NEFCO) is co-financing the construction of the largest wind power plant to date in Ukraine. The 250 MW wind farm will be built in Kherson Oblast in south Ukraine. The project is co-owned by the Norwegian windfarm developer NBT AS and French renewable energy Independent Power Producer (“IPP”) Total Eren S.A.

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