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Latest news from EU institutions and bodies (677)

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  • 19 March 2024

Sweden: Energy transition - EIB support for Skellefteå to build 743 new homes.

The European Investment Bank (EIB) will finance new social housing in Skellefteå, Sweden. In light of the green industrialisation in the region, for example through the expansion of Northvolt’s gigafactory, new affordable housing is needed. The EIB loan of SEK 800 million (€70 million) contributes to the promotion of Skellefteå’s integrated urban development and social integration objectives and will help the municipality to diversify its funding sources.