September 26, 2024 09:28 GMT
POWER: NIB to Finance Finnish Grid Upgrades
POWER
The Nordic Investment Bank will loan €40mn to upgrade Finland’s power grid, with the project already started and due to end in 2026, it said.
- The project will be carried out by Pohjois-Karjalan Sahko Oym, with the firm also planning to install smart meters and replace overground cables with underground lines to safeguard the network and increase consumption estimates.
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