{"id":83531,"date":"2026-05-15T22:11:19","date_gmt":"2026-05-15T22:11:19","guid":{"rendered":"https:\/\/www.europesays.com\/dk\/83531\/"},"modified":"2026-05-15T22:11:19","modified_gmt":"2026-05-15T22:11:19","slug":"tallinna-vesi-has-signed-an-amendment-to-its-loan-agreement-to-finance-investments-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/dk\/83531\/","title":{"rendered":"Tallinna Vesi has signed an amendment to its loan agreement to finance investments"},"content":{"rendered":"

\"Tallinna Tallinna Vesi <\/p>\n

On 13 May, AS Tallinna Vesi signed an amendment to its syndicated loan agreement with AS SEB Pank, Swedbank AS, and the Estonian branch of OP Corporate Bank plc. The total value of the loan agreement increased to \u20ac165 million, thereby raising the company\u2019s available long-term credit limit by \u20ac74 million.<\/p>\n

The loan agreement matures on 13 May 2031, and the loan is available for use until 30 June 2030.<\/p>\n

Taavi Gr\u00f6\u00f6ni, Tallinna Vesi’s Chief Financial Officer, says the agreement is an important step in strengthening the company\u2019s investment capacity. \u201cThe parties to the agreement are important, long-term financial partners for Tallinna Vesi. This agreement ensures the necessary flexibility and certainty to implement the investment programme required to provide a high-quality, sustainable water service,\u201d said Gr\u00f6\u00f6n. He added that the agreement is a key component of the company\u2019s financing structure and will support the implementation of planned investments over the next four years.<\/p>\n

The total investment planned by\u00a0Tallinna\u00a0Vesi for 2026 amounts to \u20ac60 million. This year, the company will rehabilitate and construct up to 40 kilometres of\u00a0pipes, and\u00a0continue constructing more borehole pumping stations in the\u00a0Lasnam\u00e4e\u00a0area to improve the reliability of the water supply network. At the water treatment plant, the company is starting an ozonation project aimed at ensuring high-quality water treatment, improving operational\u00a0reliability\u00a0and reducing the plant\u2019s energy consumption. At the wastewater treatment plant, work is\u00a0continuing on\u00a0renovating the secondary clarifiers and implementing AI to optimise the treatment processes.<\/p>\n

Investments are based on the company\u2019s strategy and are in line with the\u00a0objectives\u00a0of set out in Tallinn Public Water Supply and Sewerage Development Plan. The investments focus on\u00a0maintaining\u00a0the high quality and continuity of the service and ensuring a\u00a0clean\u00a0environment.<\/p>\n

AS\u00a0Tallinna\u00a0Vesi is the largest water utility in Estonia, providing services to around 25,000 private and business customers and about 500,000 end consumers in Tallinn and its surrounding municipalities.\u00a0Tallinna\u00a0Vesi is listed on the main list of the Nasdaq Tallinn Stock Exchange. The largest shareholdings in the company are held by the City of Tallinn (55.06%) and the energy group\u00a0Utilitas\u00a0(20.36%). 24.58%\u00a0of the company\u2019s outstanding shares are in free float and available for public trading on Nasdaq Tallinn.<\/p>\n

Kristiina Tamberg<\/p>\n","protected":false},"excerpt":{"rendered":"Tallinna Vesi On 13 May, AS Tallinna Vesi signed an amendment to its syndicated loan agreement with AS…\n","protected":false},"author":2,"featured_media":65139,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89],"tags":[167,15690,166,2555,44449],"class_list":{"0":"post-83531","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tallinn","8":"tag-estonia","9":"tag-loan-agreement","10":"tag-tallinn","11":"tag-tallinna-vesi","12":"tag-wastewater-treatment-plant"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@dk\/116580888577809922","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/83531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/comments?post=83531"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/83531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media\/65139"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media?parent=83531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/categories?post=83531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/tags?post=83531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}