Nordic presence in Portugal

Ringkjøbing Landbobank

Project Finance

Danish regional bank founded in 1886 and headquartered in Ringkøbing, West Jutland, listed on Nasdaq Copenhagen with roughly 700 employees. In October 2025 it signed a €35 million project-finance agreement with Portuguese renewables group Greenvolt Power to fund the Høegholm hybrid solar-and-storage park in Denmark.

HeadquartersRingkøbing, Denmark
Founded1886
ListingNasdaq Copenhagen (RILBA)
Employees~700
Corridor deal€35M project finance to Greenvolt Power (Oct 2025)
Financed assetHøegholm: 97.36 MW solar + 55–60 MW / 110–120 MWh BESS
SectorBanking & Project Finance
DirectionNordics → Portugal (capital to a Portuguese group)

Corridor footprint

Ringkjøbing Landbobank is a Danish regional commercial bank, founded in 1886 and headquartered in Ringkøbing on the west coast of Jutland. Listed on Nasdaq Copenhagen and employing roughly 700 people, it combines a conventional retail and commercial franchise in central and western Jutland with a national specialism: mid-size project finance for renewable-energy assets, a niche in which it ranks among Denmark’s most consistently profitable lenders.

Its corridor relevance runs through Greenvolt. In October 2025 the bank signed a €35 million project-finance agreement with Greenvolt Power, the Portuguese-rooted, KKR-controlled renewables platform, to fund construction and operation of the Høegholm hybrid park in eastern Denmark — 97.36 MW of solar PV paired with a 55–60 MW / 110–120 MWh battery system, with estimated annual production of 97 GWh and commercial operations targeted from the first quarter of 2026. Managing director Jørn Nielsen framed the deal as squarely within the bank’s sustainable-finance strategy.

Why this matters for the corridor

Most corridor finance stories run north-to-south — Nordic funds investing in Portuguese assets. This one runs the other way around: a Portuguese-origin developer building in Denmark, banked by a Jutland lender. It shows Greenvolt’s Danish pipeline is now bankable with local capital, and gives Portuguese developers a named Danish bank with proven appetite for their projects.

Thinking about entering Portugal?

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