The loan has a 20 year maturity.
The newloan will reduce Elering's own funding needs and comes in addition to a EUR 25million loan signed with Elering for the same project in 2010.
NIB finances 23% of Estlink-2
NIB has lent 10 million euros to Elering for the construction of Estlink-2 between Estonia and Finland. This increases NIB's share in the cable project to 23 percent.
