EKN launches Green Guarantee to promote climate investments
EKN launches a new credit guarantee to facilitate financing of green exports as well as green transition projects within Swedish exporting companies.
The new guarantee covers the bank’s risk up to 80 percent instead of previously 50 percent, which increases the capacity for credit. It is offered to companies with direct or indirect exports that contribute to the climate transition. The assessment criteria’s will be based on the EU-taxonomy.
“This guarantee brings great benefits to Swedish companies facing green transition projects in Sweden or aiming to grow in other markets with green products and solutions,” says Anna-Karin Jatko, Director General, EKN.
EKN’s Green Guarantee covers both working capital and financing of a specific investment, in businesses contributing to the climate transition.
“The world needs a quick transition and Swedish companies offer world-leading cleantech and innovations for sustainability. The fact that EKN’s guarantees now can be issued to promote climate investments within Sweden is new and an important part of EKN’s contribution to the transition,” says Anna-Karin Jatko, Director General, EKN.
EKN’s Green Guarantee covers loans under SEK 500 million.
For more information please contact
Malin Alm Gerentz, Press Officer
Phone: +46 8 788 01 66, e-mail: malin.alm-gerentz@ekn.se