NIB in Estonia

NIB has been operating in Estonia since 1994, providing over EUR 2 billion in financing to more than 200 projects in the country.

Estonia joined NIB in 2005 with the other Baltic countries. Some of NIB’s latest financed projects in the country include adding sun and wind to the regional grids with Enefit Green, modernising wastewater and stormwater infrastructure in Tallinn as well as ensuring better healthcare services in Ida-Viru Central Hospital.

In recent years, NIB has mostly financed Estonia’s public sector projects including healthcare and infrastructure projects. Additionally, we have financed renewable energy developments

Looking ahead, NIB aims to continue to support the green transition, bolster digital transformation infrastructure, and increase cooperation with privately owned companies to enhance the productivity and competitiveness of Estonia.

Authorised capital
Member countryCredit rating*Authorised capitalCountry's share
DenmarkAaa/AAA1,763,074,493.79€21.1%
EstoniaA1/A+76,651,259.81€0.9%
FinlandAa1/AA+1,482,690,785.19€17.7%
IcelandA2/A+79,132,913.42€0.9%
LatviaA3/A111,830,807.21€1.3%
LithuaniaA1/A163,231,714.80€2%
NorwayAaa/AAA1,799,704,941.30€21.5%
SwedenAaa/AAA2,892,527,558.59€34.6%
*Credit ratings by Moody’s and S&P Global Ratings as of 31 December 2024

Contact us

Kersti Talving
Country Lead for Estonia
+358 10 618 0245
Vytautas Brazaitis
Senior Communications Officer