Sweden: Atrium Ljungberg signs an energy that is green contract well worth SEK 1 billion with all the EIB

Sweden: Atrium Ljungberg signs an energy that is green contract well worth SEK 1 billion with all the EIB

Atrium Ljungberg has finalized a green power loan contract well worth SEK 1 billion using the European Investment Bank. This loan is unsecured therefore the right time for you readiness is eight years. The funds should be utilized in the growth associated with Bas Barkarby project in Järfälla plus the title loans in MO full life City task in Stockholm.

Atrium Ljungberg is really a long-lasting house owner with a good budget. Its loan profile amounts to roughly SEK 20 billion, 1 / 2 of which can be financed through the main city markets additionally the spouse through bank funding and direct funding.

This financial loan of SEK 1 billion could be the very first that Atrium Ljungberg therefore the European Investment Bank have actually arranged together. The mortgage includes a readiness of eight years and re payment could be made in just a three-year duration. This loan will likely be used to invest in the construction of two brand new buildings that are energy-efficient Bas Barkarby in Järfälla and lifestyle City in Stockholm. These new projects that are build the EIB’s requirements for nearly-zero-energy structures.

“We are incredibly very happy to have entered our very first funding arrangement with the European Investment Bank, which further broadens our funding base. The loan from EIB is also acknowledgement that the banking institutions appreciate our sustainability work, providing us usage of long-lasting financing that is green the company’s nearly-zero-energy new build projects,” claims Martin Lindqvist, CFO at Atrium Ljungberg.

“The EIB happens to be a staunch supporter of power efficient structures in Sweden for a while now”, claims EIB vice-president Thomas Г–stros. ”we understand that residential and workplace structures emit high degrees of CO2, just through ineffective insulation. Fortsätt läsa Sweden: Atrium Ljungberg signs an energy that is green contract well worth SEK 1 billion with all the EIB

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