Nordic Investment Bank loans Eskilstuna Biogas $16M for new facility

In Sweden, the Nordic Investment Bank and Eskilstuna Biogas AB have signed a seven-year loan to co-finance the construction of a new biogas production plant in a facility near Eskilstuna, Sweden.

The EUR 15 million loan is supported by the European Union under the InvestEU programme and is eligible under NIB’s InvestEU Framework Operation Green Mobility and Transport.

Eskilstuna Biogas was established with the aim of building and operating a greenfield biogas facility in Eskilstuna. The facility will produce liquefied biogas for use as fuel for city busses and ferries. The plant, currently under construction, will actively reduce greenhouse gas (GHG) emissions by producing biogas that replaces fossil fuels.

The plant will have a capacity of 150,000 metric tons feedstock per year and an estimated production capacity of up to 5,450 tons of liquefied biogas. The company expects the plant to start operations in the first half of 2027.