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    Reference: 20190488
    Release date: 10 September 2020

    Promoter – Financial Intermediary




    Replacement of recovery boiler, turbine generator and the installation of a black liquour superconcentrator at the Husum pulp mill in Sweden.


    The replacement of the currently existing recovery boilers and associated steam and power generation by a new, more efficient system will peruse economies of scale and overall system modernisation to increase the electricity generation, while still meeting the overall heat demand of the existing integrated pulp and paper mill with similar thermal input. The project does not target an increase in mill's production capacity.


    Proposed EIB finance (Approximate amount)

    EUR 125 million

    Total cost (Approximate amount)

    EUR 300 million

    Environmental aspects

    The project's compliance with all applicable national and EU environmental legislation will be verified during the appraisal. An environmental impact assessment will be carried out and mitigating and/or compensation measures applied as necessary.


    The Bank will require the promoter to ensure that any procurement procedures are done in accordance with the relevant applicable EU procurement rules.


    Signed - 6/04/2020


    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Sweden Industry