Ferde secures "dark green" rating for renewed finance framework

Ferde, a regional toll collection operator in Norway, has launched its updated Green Finance Framework, developed in collaboration with Nordea. This new framework, dated October 2025, received a "Dark Green" Second Party Opinion from S&P Global, signifying its strong alignment with a low-carbon, climate-resilient future.

The framework will support projects such as dedicated lanes for public transport and zero-emission vehicles, pedestrian and bicycle paths, light rail systems, and other public transport-related infrastructure. These eligible projects aim to mitigate climate change and contribute to a more sustainable transport sector in Norway. Ferde's proceeds for these projects exclude investments linked to fossil energy or nuclear energy generation.

Ferde has been an active issuer in Norway's green loan and bond market since its inaugural Green Financing Framework in autumn 2019. As of October 2025, the company has NOK 3.9 bn in outstanding green loans and bonds. The new framework is based on the ICMA Green Bond Principles and LMA Green Loan Principles, ensuring transparency and accountability in its green financing initiatives. Ferde will report annually on the allocation and impact of its green finance instruments.