Specialty chemicals company receives credit line of €200 million to develop climate-friendly, digital and sustainable products. ALTANA meets the EIB’s stringent lending criteria. Credit line opens up additional research areas, for example in resource-efficient digital printing. Specialty chemicals company ALTANA has received a credit line from the European Investment Bank (EIB). The company, headquartered in […]
Greece: EUR 330 Million EIB Backing to PPC to Upgrade Electricity Distribution, Roll-Out Smart Meters And Increase Renewable Energy
PPC CEO and EIB President agree new financing essential to harness green power New investment by PPC distribution subsidiary HEDNO to upgrade 14,200 km of network New programme to deploy smart meters and improve power network efficiency New investment to upgrade thousands of kilometres of power distribution lines and increase use of smart meters essential […]
EUR 56 Billion EIB Response to COVID-19 Crisis, Climate Action And Stronger Development Focus Welcomed By EU Finance Ministers
President Hoyer confirms EUR 56 billion EIB Group backing for COVID response since pandemic EUR 24 billion increased EIB support for climate action EIB to enhance impact of engagement and presence outside Europe Finnish Finance Minister Annika Saarikko to be new chair of EIB Board of Governors European finance ministers today welcomed the European Investment […]
EIB Approves EUR 4.1 Billion Financing For Renewable Energy, Clean Transport, COVID Recovery, Social Housing And Education
EUR 1.4 billion for renewable energy EUR 1.2 billion to support investment by companies impacted by COVID and corporate RDI EUR 946 million for sustainable transport EUR 306 million for education and social housing The European Investment Bank (EIB) today approved EUR 4.1 billion of new financing to accelerate renewable energy investment, support COVID-19 economic […]
City Climate Finance Gap Fund Approves Support For Six Cities
Free technical assistance for the preparation of early-stage climate action projects. Energy efficiency, renewable energy, sustainable mobility, waste management and water projects. The Gap Fund is supporting cities in developing and emerging economies The City Climate Finance Gap Fund (Gap Fund) announced today the second round of cities that will receive free technical assistance to […]
EIB Increases Support for COVAX and Backs €1.5 Billion Clean Energy, Water, Health and Education Investment
€533 million to improve green energy generation, transmission and distribution €272 million for hospitals and schools €200 million for COVAX vaccine initiative €250 million for water distribution in Italy €250 million for business investment in the Baltics €1.5 billion of new financing approved by the European Investment Bank (EIB) today will strengthen support for global […]
Total Eren Secures the Financing of the Tutly Solar Project in Uzbekistan From EIB, EBRD, and PROPARCO
Total Eren Secures the Financing of the Tutly Solar Project in Uzbekistan From EIB, EBRD, and PROPARCO. For more information please see below link:
New €100 Million EIB and State Bank of India Private Sector Climate Action Initiative Launched at EU-India Leaders Meeting
Strengthened EIB support for climate action and environmental sustainability in Asia EIB investment in Neev Fund II one of its first equity operations in India Neev Fund II is a result of the shared commitment of the EIB and SBI to supporting climate action and environmental sustainability The private equity fund will invest up to […]
Bank of Ireland and EIB to Finance €100m Bord na Móna Wind Energy Project
Bank of Ireland and the European Investment Bank (EIB) have agreed to finance a €100 million wind farm project by climate solutions company Bord na Móna that will be able to supply up to 55,000 homes with renewable energy. The new 75 megawatt (MW) windfarm, located at Cloncreen, Co Offaly, will create up to 100 […]
€330 million Team Europe backing for new Guinea-Mali 225 kV power line to provide clean and affordable energy to millions in West Africa
The signing ceremony of the financing contract took place on Friday 23 April 2021 at the Kaloum Hotel in Conakry, and was attended by members of the Guinean government, as well as representatives of the European Union and the European Investment Bank (EIB). This new EU support for the interconnector project between the hydroelectric power […]