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    Balder Takes Green Financing from EIB

    Stockholm (NordSIP) – The Swedish real estate company Fastighets AB Balder announces that it has signed a loan agreement of €100 million with the European Investment Bank (EIB) for the development of two residential projects in Copenhagen with almost zero energy-building (NZEB) standards.

    Balder is currently developing several housing projects in which it has set high environmental requirements targets. For Balder, energy consumption is a priority and all  housing projects in Sweden must meet the requirements to qualify for the “Silver” grade i Environmental Building ratings. “In Copenhagen we have chosen to go even further, and all homes will be upgraded according to the almost zero-energy-building (NZEB) standard,” says the company in the press release (in Swedish).

     

    Image © PHOTOCREO – Michal-Bednarek – Shutterstock

    Aline Reichenberg Gustafsson, CFA
    Aline Reichenberg Gustafsson, CFA
    Aline Reichenberg Gustafsson, CFA is Editor-in-Chief for NordSIP and Managing Director for Big Green Tree Media. She has 18 years of experience in the asset management industry in Stockholm, London and Geneva, including as a long/short equity hedge fund portfolio manager, and buy-side analyst, but also as CFO and COO in several asset management firms. Aline holds an MBA from Harvard Business School and a License in Economic Sciences from the University of Geneva.

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