Extension of district heating network on Bornholm

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About 10 years ago the Regional Municipality of Bornholm launched a new heating plan to guide the extension of district heating on Bornholm.
Part of the plan involved replacing oil furnaces with district heating based on local, natural resources such as wood chips, waste, slurry and straw. At that time, only 7,000 households on the island had district heating. Today, more than 12,000 properties, or more than half of Bornholm’s approximately 23,000 households, use district heating. The extension of district heating around Nordlandet covers the areas of Allinge-Sandvig, Tejn-Sandkaas and Olsker, providing annual CO2 reductions of 6,000 tonnes.

 

Using KommuneKredit to fund our extension has been crucial for Bornholms Energi & Forsyning’s possibility of carrying out a major transition of the energy system on the island, which ensures a green, stable and future-proof heat supply for our citizens.” Rasmus Sielemann Christensen, CEO of the municipally owned utility company Bornholms Energi & Forsyning.

 

The extension of the district heating network supports Bornholm’s goal of becoming a carbon-neutral community in 2025 and a zero-emission community in 2035. The loan has been approved by KommuneKredit’s Green Bond Committee for our pool of green loans used in our green bond issues.

 

“On Bornholm, we decided in 2008 to go for the long haul that is required for creating fundamentally environment-friendly changes that will have an impact on our future.”

Winni Grosbøll
Mayor, Regional Municipality of Bornholm

Borrower: Bornholms Varme A/S

 

Project period: 2015 – 2018

 

Loan financing: DKK 95,900,000

 

Loan product: 25-year fixed-rate loan