The Nordic Investment Bank supports Ljósleiðarinn’s infrastructure investments

The Nordic Investment Bank (NIB) has signed a 7-year loan agreement with Ljósleiðarinn ehf. to support investments in Iceland’s fiber-optic network from 2024 to 2026.

The ISK 4 billion loan will co-finance key development projects undertaken by Ljósleiðarinn. The funding will go toward the continued expansion of the fiber-optic network, including fiber connections for households and businesses, development of network and transport systems that ensure secure and efficient data transmission, and overall strengthening of the system.

Read more at globenewswire.com