Helping businesses to cut energy use in Italy, Belgium, France and the Czech Republic Financing renewable energy in Germany, Brazil and Nepal Protecting rural communities from extreme weather in Laos and Nigeria The European Investment Bank (EIB) today approved EUR 8.1 billion of new financing for climate action, sustainable development, health, and education investment across […]
EUR 7 billion EIB backing for communications, renewable energy and innovation
EUR 1.3 billion to improve internet and mobile telecommunication services EUR 1.7 billion for business and corporate innovation investment EUR 1.5 billion for renewable energy and energy transition The Board of the European Investment Bank (EIB) yesterday agreed to support EUR 6.9 billion of new financing. This includes backing new investment across Europe and around […]
Spain: Investment Plan for Europe – EIB provides EUR 200m to support clean urban transport
The EU bank is making it possible to put 650 new, less polluting buses on the roads The funds aim to help improve air quality in Spanish cities The European Investment Bank (EIB) has provided almost EUR 200m to cut the polluting emissions produced by buses in Spain’s largest cities. The EU bank has been […]
Netherlands: EIB and NWB Bank to support climate investments and water management
EUR 200 million for small and medium scale sub-projects by local water authorities, with a focus on sustainability. Financing will help Dutch water authorities adapt to adverse effects of climate change, by supporting flood-risk reduction and water resources management schemes. The European Investment Bank (EIB) and Nederlandse Waterschapsbank N.V. (NWB Bank) are making EUR 200m […]
Greece: Piraeus Bank joins new EIB green and urban infrastructure investment programme
Piraeus Bank to support EUR 650 million national infrastructure initiative Financing under the national investment programme to be available in coming weeks Eligible renewables energy, energy efficiency and urban projects Innovative financing scheme combines EU, national and EIB funds Piraeus Bank has agreed to support a new EUR 650 million infrastructure investment programme developed by […]
EIB board starts discussion of future energy lending policy
Draft energy lending policy follows largest ever public consultation of EIB lending Proposals to strengthen EIB support for decarbonisation, energy efficiency and innovation Discussions expected to continue at October meeting Meeting in Zagreb ahead of the Croatian Presidency of the European Union, the EIB Board of Directors today had a first reading of the bank’s […]
Spain: Climate action – EIB to finance construction of 21 wind farms
The EU bank will provide up to EUR 385m to Alfanar, successful bidder in Spain’s third renewable energy auction. They will be located in six autonomous communities, have a total installed capacity of 547 MW and will generate energy equivalent to the power use of 360 000 homes. The two entities signed the first phase of the operation: […]
EIB set to finance biggest wind power infrastructure projects in Spain
These new facilities will have a total capacity of 547 MW and will generate approximately 1.491 GWh of energy a year overall, a volume equivalent to the power use of 360 000 Spanish homes. · The EU bank will provide up to EUR 385m to Alfanar, successful bidder in Spain’s third renewable energy auction. · […]
Senegal: Proparco, IFC and EIB finance the construction of two new solar power plants as part of the Scaling Solar program
Through the financing of the construction of two solar power plants in Senegal, Proparco, IFC and EIB are reaffirming their commitment to sustainable development on the African continent. These two new large-scale power plants, the 7th and 8th built in Senegal in less than 3 years, illustrate the strong momentum underway in the country towards […]
EIB signs Green Loans with Banfondesa, Fondesa for small and micro enterprises
The EIB provides finance to Banfondesa and Fondesa for the banks to provide Green Loans to micro and small companies in the Dominican Republic · The EIB helps Banfondesa and Fondesa with financing and technical assistance to enter the Green Microfinance loan sector for small and micro enterprises · This finance will focus on financial inclusion and is due to benefit 1,500 families, […]