Resand Secures $27.5M Debt Facility From Norion Bank to Scale Sand Recycling

Deal Summary

Finnish sand recycling startup Resand has increased its loan facility with Norion Bank to $27.5 million, up from $16 million. The debt financing will fund new sand reclamation equipment and support expansion into new markets across Europe. The facility, announced on June 5 2026, underscores the company's growth and sustainability focus.