Sweden to get wind-energy lift with EIB loan to forest-industry group Holmen
Sweden, Nov. 3 -- The European Investment Bank (EIB) is lending 1.1 billion Swedish kronor (around €100 million) to forest-industry group Holmen to expand its renewable energy generation. The financing will support the ongoing expansion of onshore wind installations in northern Sweden, strengthening the country's clean-energy supply and reducing greenhouse gas emissions.Headquartered in Stockholm, Holmen is one of Sweden's largest forest owners and a key player in renewable materials and energy. The company operates in forestry, wood products, paper, paperboard and energy. Its renewable and recyclable products help replace fossil-based materials such as plastic, steel and cement.Holmen's investment will add renewable generation capaci...
To read the full article or to get the complete feed from this publication, please
Contact Us.