With the help of a Green Loan from Kommuninvest amounting to SEK 763 million, approved in 2025, Skellefteå Kraft plans to expand an extensive network of public fast‑charging stations in Sweden and Denmark during 2026 – all powered by 100 per cent renewable electricity from the company’s own wind and hydropower. The initiative comprises more than 1,200 charging points and contributes to accelerating the electrification of passenger transport.
In March, we are highlighting the 10‑year anniversary of Kommuninvest’s first Green Bond issuance and showcasing projects that inspire. We therefore took the opportunity to speak with Robert Andersson, Head of E‑mobility at Skellefteå Kraft, about the initiative and the lessons learned along the way.
- Skellefteå Kraft wants our renewable resources, innovations and broad collaborations to enable the transition for society as a whole. Domestic transport accounts for roughly one‑third of Sweden’s carbon emissions, and road traffic represents more than 90 per cent. This is therefore an area where action truly makes a difference.
By developing a well‑established network of public fast‑charging stations at OKQ8 sites across the country, we help accelerate the transition of Sweden’s road transport. Good access to fast charging along major routes makes it easier to choose an electric vehicle powered by renewable electricity instead of fossil fuels.
- We ensure that all electricity we sell carries Guarantees of Origin and therefore comes from renewable production. As the number of charging points and the utilisation of the network increase, the climate benefits grow as fossil‑fuelled transport is replaced with renewable alternatives.
We continuously follow up the expansion rate in relation to our plans, as well as developments in the electric vehicle market. This enables us to adjust and further develop the initiative over time.
- The work is integrated into our existing investment and project processes. All major investments go through our standard model, which gives us an early overview of projects that may qualify for green financing. When a project is deemed relevant, our environmental controller, project manager and financial controller work together to prepare the necessary documentation and application.
This cross‑functional approach ensures that sustainability expertise, financial analysis and project‑specific knowledge are included from the start. One of our strengths is that we already have a clear structure and involve the right functions in major investments – enabling us to mobilise resources for green initiatives efficiently.
One key lesson is that Green Loans can be managed within existing investment and project processes. With clear roles and effective cross‑functional collaboration, both quality and efficiency are achieved.
Want to learn more about this project and discover other green financing cases? Visit our website to see how green financing enables real and measurable climate benefits:
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