The European Investment Bank (EIB) – the EU’s climate bank – and Orkuveitan have signed a EUR 100 million loan agreement, with disbursements available over the next two years. The financing will support the development of sustainable energy and utility infrastructure operated by Orkuveitan’s subsidiary, Veitur Utilities, serving the capital area of Iceland. The investment forms part of a long-term programme to strengthen critical infrastructure and meet the growing demand for renewable heating, electricity ...