EIB agrees €100m loan with Finland's Elenia

In:

Manufacturing, Traditional energy

Region:

Europe

The European Investment Bank has signed a €100 million loan with Elenia, a distribution system operator in Finland. The investments focus on improving security and quality of power supply by weather-proofing Elenia’s electricity distribution network.

The company’s long-term investment plan emphasises the importance of building underground electricity network and replacing old overhead lines that are at the end of their useful life to secure uninterrupted availability of electricity.

More than 50% of the network is now underground reducing outages and improving security of supply to our customers. To meet the targets of the Electricity Market Act Elenia aims to increase the underground cabling rate of the electricity distribution network to 75% by 2028.

View source

The next frontier for onshore wind in the Balkans

Perspective

14 September 2026

The next frontier for onshore wind in the Balkans

DFIs have been crucial in closing onshore wind financings in the Western Balkans, though structures are evolving to make deals bankable on a purely commercial basis. But the...

Public or private lending for Canada's investment agenda?

Perspective

17 September 2026

Public or private lending for Canada's investment agenda?

Canada wants to take bold action to increase domestic infrastructure investment. With Canada’s banks more interested in the US market, will the CIB need to do the heavy...

Must See

Mitrelli: Making African Infrastructure Bankable and Financeable

Video

31 August 2026

Mitrelli: Making African Infrastructure Bankable and Financeable

In this episode of Uxolo: In-Depth With, Jessica Brown speaks with Yoav Brick of Mitrelli, recorded live in Prague, about the challenges of financing infrastructure across Africa and how governments, EPC contractors, DFIs, ECAs and private investors can work together to bring projects to financial close.

Perspective

14 September 2026

The next frontier for onshore wind in the Balkans

DFIs have been crucial in closing onshore wind financings in the Western Balkans, though structures are evolving to make deals bankable on a purely commercial basis. But the market is still very lopsided, with only Serbia emerging as a reliable host.

Perspective

17 September 2026

Public or private lending for Canada's investment agenda?

Canada wants to take bold action to increase domestic infrastructure investment. With Canada’s banks more interested in the US market, will the CIB need to do the heavy lifting?