Swedish Export Credit Corporation (SEK) (2025)
| Signing Date | 21 Jun 2017 |
| Region of Headquarters: | Europe |
| Current EPFI Reporting Year/Period: | 2025 |
| Institutional Reporting: | Link to Report |
Please read the important notes and disclaimer for further information on ‘EPFI Reporting’, compliance and publication on the EP website.
Further information on this EPFI may be obtained through the Institutional Reporting hyperlink.
Project Finance Advisory Services
Total number mandated in the reporting period: 0
Project Finance Transactions
Total number that reached Financial Close in the reporting period: 6
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | 1 | ||
| Oil & Gas | |||
| Power | 2 | 3 | |
| Others | |||
| Region | |||
| Americas | |||
| Europe, Middle East & Africa | 2 | 3 | 1 |
| Asia Pacific | |||
| Country Designation | |||
| Designated Country 4 | 2 | 3 | 1 |
| Non Designated Country | |||
| Both | |||
| Independent Review | |||
| Yes | 2 | 3 | |
| No | 1 | ||
| Totals | 2 | 3 | 1 |
Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.
Category B – Projects with potential limited adverse environmental and social risks and/or impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures.
Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.
Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment.
Project-related Refinance & Project-related Acquisition For Project Finance
Total number that reached Financial Close in the reporting period: 0
Project Name Reporting For Project Finance (And Project-related Refinance & Project-related Acquisition Finance For Project Finance)
| No. | Project Name | Sector | Project Location(s) | Year of Financial Close |
|---|---|---|---|---|
| 1 | Project Tamarind | Infrastructure | Sweden | 2025 |
| 2 | Project Hedgehog | Power | Denmark | 2025 |
| 3 | Project Amidala_Honkakangas | Power | Finland | 2025 |
| 4 | Project Amidala Rajamäenkylä | Power | Finland | 2025 |
| 5 | MFW Baltyk II Sp. z.o.o. | Power | Poland | 2025 |
| 6 | MFW Baltyk III Sp, z.o.o. | Power | Poland | 2025 |
Project-Related Corporate Loans
Total number that reached Financial Close in the reporting period: 0
Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans
Total number that reached Financial Close in the reporting period: 0
Implementation of the Equator Principles
SEK´s EP Implementation Report is provided here: https://www.sek.se/wp-content/uploads/2026/06/Ekvatorprinciperna-2025-1.pdf
Independent Review of EP Implementation
During 2024, SEK carried out an Independent Review in alignment with EP Guidance Note on Independent Review of Equator Principles Implementation dated January 2024. SEK’s internal procedures and a representative sample of transactions triggering the Equator Principles were reviewed by officers from SEK’s internal independent control functions (Risk Control and Compliance) between March 2024 and November 2024. The sample EP transactions consisted of transactions reported in the 2023 annual report to the Equator Principles Association.
The EP Checklist was used for the review. No material deficiencies in the implementation process were identified. The recommendations for improvement provided by the control functions are included in SEK’s continuous improvement process in order to address these over time. A further Independent Review of EP Implementation will be conducted within 3 years of the 2024 review.
Further information is available at: https://www.sek.se/en/sustainability/