NIB finances Hemsö’s social infrastructure investments in Sweden and Finland

The Nordic Investment Bank (NIB) has signed a SEK 700 million loan agreement with Hemsö Fastighets AB to support the expansion of buildings within the judicial system in northern Sweden as well as the development of new educational facilities in Finland and Sweden. The loan has a maturity of 12 years.

The loan finances the construction of judicial buildings in northern Sweden, strengthening the region's capacity within the justice system.

In Sweden, Hemsö is constructing a new elementary school in Ljungskile doubling capacity to over 1,000 student places across two adjacent school buildings. The project is designed to support efficient shared facilities and will be certified under Miljöbyggnad Guld, Sweden's leading environmental building certification.

In Finland, Hemsö will develop a new comprehensive school and preschool in the rapidly growing Pasila district of Helsinki. The project will increase capacity to serve approximately 850 children. The property will be certified BREEAM Excellent and aligned with the EU Taxonomy.

"By supporting the development of modern schools and judicial facilities, we help ensure that communities in Sweden and Finland have the infrastructure they need and provide essential public services for decades to come," says André Küüsvek, NIB President and CEO.

"NIB's financing supports Hemsö's continued investment in social infrastructure, which the public sector in Sweden, Finland and Germany has a strong need for. New school places in these growing municipalities benefit pupils and staff as well as society at large," says Nils Styf, CEO of Hemsö.

Hemsö Fastighets AB is a Swedish real estate company that owns, manages and develops social infrastructure. Their portfolio comprises properties across four asset categories, including nursing homes, education, health care, and justice system. Hemsö is majority owned by the Third Swedish National Pension Fund.

NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies Standard & Poor's and Moody's.

For further information, please contact
Daniel Kangasmaa, Senior Banker, at +358 10 618 0304, [email protected]

Iiris Anttalainen, Communications Officer, at +358 10 618 0257, [email protected]