The loan totals 125 million euros. Peab's CEO, Jesper Göransson, told the newspaper Byggnadsarbetaren that the projects the money will finance have not yet been specified.
The Nordic Investment Bank has stated that Peab is an essential part of total defense, Göransson tells Byggnadsarbetaren.
NIB's Deputy CEO, Jeanette Vitasp, says in a press release that the investment aims to "ensure that critical infrastructure can be built and maintained in the current challenging geopolitical situation."
This is the first time NIB has provided loans to a construction company for this type of defense investment.
