Potential offtaker

Eika Boligkreditt AS

www.eikbol.no

Estimated electricity consumption

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Countries of production presence

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Eika Boligkreditt AS is a Norwegian company that specializes in providing mortgage finance services to customers in Norway. The company was established in 2012 and is headquartered in Oslo, Norway. Eika Boligkreditt AS is a subsidiary of Eika Gruppen AS, a Norwegian financial services group. The company operates in the mortgage finance sector and offers a range of mortgage products to customers in Norway.

Eika Boligkreditt AS is committed to sustainability and has set ambitious goals to reduce its carbon footprint. The company has implemented a number of initiatives to reduce its environmental impact, including decarbonisation and the use of renewable energy sources. Eika Boligkreditt AS has also implemented a corporate energy strategy to reduce its energy consumption and increase energy efficiency.

One of the key initiatives that Eika Boligkreditt AS has implemented is the use of corporate power purchase agreements (PPAs) to source renewable energy. A corporate PPA is a long-term contract between a company and a renewable energy provider, which guarantees the purchase of a fixed amount of renewable energy over a period of time. By using corporate PPAs, Eika Boligkreditt AS is able to source renewable energy at a fixed price, which helps to reduce its exposure to volatile energy prices and provides long-term cost savings.

Eika Boligkreditt AS has also invested in renewable energy projects, such as wind and solar power, to support the transition to a low-carbon economy. The company has set a target to source 100% of its electricity from renewable sources by 2025, and is working towards this goal through the use of corporate PPAs and investments in renewable energy projects.

In addition to its commitment to sustainability, Eika Boligkreditt AS is also focused on providing high-quality mortgage finance services to its customers. The company offers a range of mortgage products, including fixed-rate and adjustable-rate mortgages, as well as refinancing options. Eika Boligkreditt AS also provides advice and support to customers throughout the mortgage process, helping them to find the best mortgage product for their needs.

Eika Boligkreditt AS has a strong reputation for customer service and has received numerous awards for its mortgage products and services. The company has also been recognized for its commitment to sustainability, receiving awards for its environmental initiatives and its use of renewable energy sources.

Overall, Eika Boligkreditt AS is a leading provider of mortgage finance services in Norway, with a strong commitment to sustainability and the use of renewable energy sources. The company's focus on decarbonisation, corporate energy, corporate PPAs, and renewable energy is helping to drive the transition to a low-carbon economy in Norway and beyond. With its high-quality mortgage products and services, Eika Boligkreditt AS is well-positioned to meet the needs of its customers while also contributing to a more sustainable future.

✓ Declared Net Zero commitment