Norwegian airport operator Avinor has secured €200m long-term loan from the European Investment Bank (EIB) for the expansion and upgrade of Bergen airport.

Under the terms of the agreement, the bank of the European Union will finance the construction of a new Terminal 3 and its associated airside infrastructure including a light rail station to facilitate public transport links between the airport and the city centre.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Construction of the new terminal infrastructure is expected to reduce the energy consumption by 30%.

"The EIB has made supporting strategic transport infrastructure one of its priorities."

Additionally, the light rail station will replace private cars, thus reducing pollution from road traffic.

EIB vice-president Jan Vapaavuori said: "The EIB has made supporting strategic transport infrastructure one of its priorities. Bergen airport is the key international gateway in western Norway and part of the extended trans-European transport network (TEN-T).

See Also:

"We are therefore pleased to support Avinor’s investment, as it will enhance capacity and improve the operational efficiency of Norway’s second busiest airport whilst also increasing its environmental performance."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Bergen Airport handled more than six million passengers in 2014, far exceeding its design capacity of 2.8 million.

The airport operator proposed to build a new terminal, Terminal 3 (T3) in order to accommodate the growing passenger traffic in 2009.

The ground was broken for the terminal construction in 2014.

The estimated total cost of the development is NKr4.7bn ($590m). The Nordic Investment Bank (nib) is financing $130m (NKr1bn) through a 20-year loan.

Expected to be completed by late 2017, the new terminal will increase the airport’s passenger handling capacity to ten million a year.