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Decided credit guarantees for green investments
This page contains previously made decisions regarding credit guarantees for green investments.
SSAB, april 2025
The Swedish National Debt Office decided to issue a credit guarantee for a loan facility to SSAB AB for the transformation of its steel production facility in Luleå, Sweden. The loan facility being guaranteed amounts to a total of 15 billion kronor.
Green credit guarantee for a loan to SSAB
Stegra (formerly H2 Green Steel), December 2023
The Swedish National Debt Office decided to issue a credit guarantee for a loan to H2 Green Steel for financing a new green steel production plant in Boden, Sweden. The loan being guaranteed amounts to a total of EUR 1.2 billion and will be issued by a consortium of banks and credit institutions.
Green credit guarantee for a loan to H2 Green Steel
Guarantees no longer in effect
Preem, May 2024
The Swedish National Debt Office decided to issue a credit guarantee for a loan to Preem for financing the conversion and expansion of the refinery in Lysekil, Sweden. The loan amounts to approximately EUR 240 million and is being issued by the Swedish Export Credit Corporation and Crédit Agricole Corporate & Investment Bank. The loan was never used, and consequently, the guarantee was never invoked.
Green credit guarantee for a loan to Preem
Northvolt, December 2023
The Swedish National Debt Office decided to issue credit guarantee for loans for the development of Northvolt’s factory for battery production in Skellefteå, Sweden. The loans being guaranteed amounted to a total of USD 1.5 billion and was to be issued by a consortium of banks and credit institutions. The loans were never disbursed, and consequently, the guarantee was never invoked.
Green credit guarantees for loans to Northvolt
Preem, April 2022
The Swedish National Debt Office decided to issue a credit guarantee to AB Svensk Exportkredit, SEK, for a loan of 3 billion kronor. The investment is for converting Preem’s refinery in Lysekil in order to produce diesel from renewable raw material. The loan was repaid and the guarantee was terminated in 2026.