Tag Archives: EIB

EIB Injects €143 Million to Bolster Greek Research & Innovation; 2023 Annual Results Showcase Record Investment in Greece

(IN BRIEF) The European Investment Bank (EIB) has pledged a substantial €143 million loan to boost the Hellenic Foundation for Research and Innovation (HFRI), fortifying research and development (R&D) initiatives across Greece’s public higher education institutions and research centers. This … Read the full press release

Italy’s Motorway Network Set for Green Transformation with EIB’s €1.2 Billion Investment

(IN BRIEF) The European Investment Bank (EIB) has allocated a €1.2 billion loan to Autostrade per l’Italia SpA (ASPI) for the modernization of approximately 3,000 kilometers of motorways in Italy. This investment, supported by the EIB’s Climate Bank Roadmap and … Read the full press release

NWB Bank and EIB Sign €400 Million Agreement to Boost Dutch Water Infrastructure

(IN BRIEF) The Nederlandse Waterschapsbank (NWB Bank) and the European Investment Bank (EIB) have joined forces in a €400 million loan agreement aimed at enhancing flood protection and water quality in the Netherlands. Under this partnership, NWB Bank will lend … Read the full press release

EIB Boosts Croatia’s Sustainable Growth with Record Financing and Green Investments

(IN BRIEF) The EIB Group announces a robust year of activity in Croatia for 2023, committing €464 million in financing to support economic and social cohesion, green transition, and digital transformation. This brings the total investment in Croatia over the … Read the full press release

EIB Global’s €1.2 Billion Injection Energizes Western Balkans’ Future

(IN BRIEF) EIB Global, the financing arm of the European Investment Bank outside the EU, set a milestone by investing €1.2 billion in the Western Balkans in 2023, aiming to catalyze over €6 billion in new investments. The funds are … Read the full press release

EIB and Terna Seal €500 Million Deal for Tyrrhenian Link Renewable Energy Project

(IN BRIEF) During the EIB Forum in Luxembourg, the European Investment Bank (EIB) and Terna signed a €500 million financing contract, marking the final tranche of the €1.9 billion financing for the Tyrrhenian Link project. This submarine electricity cable, spanning … Read the full press release

EIB and Sciences Po Renew Partnership for Sustainable Development and Climate Transition

(IN BRIEF) The European Investment Bank (EIB), recognized as the EU’s climate bank, has reaffirmed its commitment to advancing sustainable finance and climate dialogue by renewing its support for the Sciences Po European Chair for Sustainable Development and Climate Transition. … Read the full press release

EU Private Sector Women Launch Network to Drive Climate Action

(IN BRIEF) In a proactive move towards advancing the green transition and fostering climate resilience, women leaders from the EU private sector have inaugurated the Women Climate Leaders Network, hosted by the European Investment Bank Group (EIB Group). With the … Read the full press release

EIB Commits €350 Million to Umicore for EV Battery Materials Innovation and Recycling

(IN BRIEF) In a significant move to bolster Europe’s electric vehicle (EV) battery industry, the European Investment Bank (EIB) has entered a €350 million financing agreement with Umicore to support research, development, and innovation (RDI) in rechargeable battery materials technologies. … Read the full press release

EIB and Kutxabank Partner to Boost Green Investment in Spain with €300 Million Agreement

(IN BRIEF) The European Investment Bank (EIB) and Kutxabank have inked a landmark covered bond purchase agreement totaling €300 million, facilitating Kutxabank to unlock up to €600 million for financing green projects in Spain, particularly focusing on energy-efficient construction. This … Read the full press release

EIB Group Forum Highlights European Resilience and Investment Priorities

(IN BRIEF) The second edition of the EIB Group Forum in Luxembourg convened senior policymakers, business leaders, academics, and civil society representatives to discuss EU policy priorities and challenges amidst global instability. EIB President Nadia Calviño emphasized the role of … Read the full press release

EIB Successfully Prices $4 Billion 10-Year Bond, Demonstrating Strong Investor Confidence

(IN BRIEF) The European Investment Bank (EIB) has successfully priced its second USD benchmark of the year, issuing a new USD 4 billion 10-year Global Benchmark due February 13, 2034. The bond pays a semiannual coupon of 4.125% and has … Read the full press release

EIB Group Commits €359 Million to Support Slovenian Projects in 2023, Bolstering Infrastructure and Energy Sectors

(IN BRIEF) The European Investment Bank Group (EIB Group) has reported a successful year in 2023, allocating €359 million in new commitments to projects in Slovenia. These investments are aimed at boosting economic growth and preserving jobs in Slovenia and … Read the full press release

Sustainable Transportation Milestone: EIB Allocates €400 Million for Croatia’s Railways

(IN BRIEF) The European Investment Bank (EIB) has signed a €400 million contract with Croatia’s Ministry of Finance to support the country’s railway infrastructure and rolling stock upgrade. Part of a €900 million commitment, this financing aims to promote sustainable … Read the full press release

EIB Grants €49 Million Loan to Transform Public Infrastructure in Croatia’s Split

(IN BRIEF) The European Investment Bank (EIB) has signed a €49 million loan agreement with the City of Split to support its 2023-2027 multi-sector investment program aimed at revitalizing public infrastructure. This marks the EIB’s first flagship municipal operation in … Read the full press release

EIB Group’s Strong Growth in France: €12 Billion Investment Spurred by Climate Action, Innovation, and Sustainable Infrastructure

(IN BRIEF) In 2023, the European Investment Bank (EIB) Group experienced robust growth in France, providing nearly €12 billion in long-term financing to the private sector and local and regional authorities. This included €10.6 billion from the EIB and €1.4 … Read the full press release

RESA and EIB Sign €190 Million Loan Agreement to Advance Energy Transition

(IN BRIEF) RESA, an energy distribution network operator, has partnered with the European Investment Bank (EIB) to secure a €190 million loan agreement to support the first phase of its industrial plan for 2023-2026. The energy transition necessitates substantial investments … Read the full press release

EIB and TBC Bank Partner to Boost SME Financing in Georgia

(IN BRIEF) The European Investment Bank (EIB) has signed a guarantee agreement with TBC Bank, supported by the European Union, to provide favorable financing terms and reduced collateral requirements for the local private sector in Georgia. This partnership will enable … Read the full press release

EIB Invests €150 Million in Germany’s Lusatia for Social and Green Transformation

(IN BRIEF) The European Investment Bank (EIB) has committed €150 million to the 2038 Lusatia program, aimed at mitigating the socio-economic impact of lignite phase-out and advancing climate neutrality in the region. Collaborating closely with Investitionsbank des Landes Brandenburg (ILB), … Read the full press release

ABN AMRO Secures €250 Million Financing from EIB to Boost Sustainable Investments for Dutch Businesses

(IN BRIEF) ABN AMRO has successfully secured €250 million in financing from the European Investment Bank (EIB), which will be matched by the bank itself, resulting in a total of €500 million in new loans available to Dutch businesses. This … Read the full press release

EIB Backs Installation of Over 8,400 EV Charging Stations in Eastern Europe to Boost Clean Mobility

(IN BRIEF) The European Investment Bank (EIB) has committed a €40 million loan to Eldrive Holding GmbH, based in Austria, to establish 8,472 electric vehicle (EV) charging stations across Bulgaria, Lithuania, and Romania over the next three years. This project … Read the full press release

Ericsson Secures €420 Million EIB Funding for 5G Technology Development and Energy Efficiency

(IN BRIEF) Ericsson has inked two funding agreements with the European Investment Bank (EIB) totaling €420 million, with an initial disbursement of €250 million in December 2023. These loans will bolster Ericsson’s financial position and support its research, development, and … Read the full press release

Boels Rental Secures €100 Million EIB Financing to Electrify Rental Machinery and Promote Decarbonization

(IN BRIEF) Boels Rental has entered into a €100 million lending agreement with the European Investment Bank (EIB) to advance its decarbonization efforts in the rental machinery and equipment sector. This partnership is expected to serve as a model for … Read the full press release

EIB Approves PLN 2 Billion for ENEA’s Electricity Grid Modernization in Poland, Boosting Sustainability and Energy Reliability

(IN BRIEF) The European Investment Bank (EIB) has given its approval for a second loan tranche of PLN 1 billion to ENEA to support the modernization and renovation of the electricity distribution network in western Poland. This follows the first … Read the full press release

EIB Supports Cold Lake’s Land-Based Arctic Char Farming Project with €28 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has signed a €28 million loan agreement with Cold Lake Invest AB, a Swedish company, to support its innovative project for the sustainable land-based farming of Arctic char. This initiative aims to address … Read the full press release

European Commission, EIB, and ESA Collaborate to Boost European Space Sector

(IN BRIEF) In a significant move, the European Commission, the European Investment Bank (EIB), and the European Space Agency (ESA) have signed a collaboration arrangement to strengthen the European space sector, with a particular focus on small and medium businesses … Read the full press release

Europe’s Largest Solar Panel Gigafactory, 3Sun, Secures €560 Million to Boost Clean Energy Production

(IN BRIEF) 3Sun, a photovoltaic cell and module production gigafactory owned by Enel Green Power, has successfully obtained a substantial financial package of 560 million euros to expand its production capacity, making it the largest solar factory in Europe with … Read the full press release

Former Head of Dutch Representation in Brussels to Join EIB Management Committee

(IN BRIEF) Robert de Groot, the former head of the Dutch Permanent Representation in Brussels, has been appointed as the new Vice-President of the European Investment Bank (EIB). He will assume his role on February 1, 2024, succeeding outgoing Vice-President … Read the full press release

EIB Backs Renfe’s Rail Modernization with €225 Million Financing

(IN BRIEF) The European Investment Bank (EIB) is set to provide €225 million in financing to Renfe for the modernization of its high-speed and freight trains. The funding includes a €125 million loan to renew the high-speed fleet, involving the … Read the full press release

EIB and NIB Commit €371 Million for H2 Green Steel’s Revolutionary Low-Carbon Plant

(IN BRIEF) The European Investment Bank (EIB) and the Nordic Investment Bank (NIB) have joined forces to provide €371 million in financing for H2 Green Steel’s groundbreaking steel plant project in Boden, Sweden. Backed by the European Union’s InvestEU program, … Read the full press release

EIB Commits €37 Million Loan to Protix for Sustainable Protein Expansion

(IN BRIEF) The European Investment Bank (EIB) has entered into an agreement with Protix, a leading sustainable protein producer, to provide up to €37 million in financing for the construction of a new production plant in Poland. This initiative aligns … Read the full press release

INSEAD Secures €60 Million Loan from EIB for Europe Campus Renovation

(IN BRIEF) INSEAD, the global business school, has signed a €60 million financing agreement with the European Investment Bank (EIB) to support its Europe Campus Reimagination project. The loan will facilitate the modernization and expansion of the INSEAD Europe Campus … Read the full press release

Pioneering Green Steel Project in Sweden Attracts Significant Investment from European Banks

(IN BRIEF) H2 Green Steel, a Swedish company, has secured significant financial support from the European Investment Bank (EIB) and the Nordic Investment Bank (NIB) for its pioneering green steel project in Northern Sweden. This project aims to revolutionize the … Read the full press release

EIB and One World Media Collaborate to Spotlight Solutions for Girls and Women Worldwide

(IN BRIEF) The European Investment Bank (EIB) has renewed its partnership with One World Media (OWM) to highlight underreported stories that focus on empowering girls and women while addressing global challenges. Through this collaboration, EIB sponsors an award recognizing outstanding … Read the full press release

Celebrating Sustainability: EIB Invests Over $1 Billion in Northvolt’s Gigafactory Expansion

(IN BRIEF) The European Investment Bank (EIB) is set to provide a substantial lending package of slightly over $1.038 billion (€942.6 million) to support the expansion of Northvolt’s gigafactory in Skellefteå, Sweden. This financing is a crucial component of a … Read the full press release

EIB Group Signs PLN 2 Billion Securitisation Agreement with EFL to Support Polish SMEs and Sustainable Projects

(IN BRIEF) The European Investment Bank Group (EIB Group) has entered into a revolving synthetic securitisation agreement with Europejski Fundusz Leasingowy S.A. (EFL) for a PLN 2 billion portfolio of leasing receivables. EFL commits to provide PLN 2.5 billion in … Read the full press release

EIB Provides €150 Million Guarantee to novobanco for €300 Million in New Loans to Boost Portuguese Mid-Caps and Public Sector

(IN BRIEF) novobanco has entered into a contract with the European Investment Bank (EIB) for a €150 million guarantee, significantly enhancing its financing capabilities. This guarantee enables novobanco to share 50% of the risk for new loans provided to Portuguese … Read the full press release

Groupe BPCE and EIB Join Forces to Provide €300 Million for Green Transition of SMEs and Mid-Caps

(IN BRIEF) Groupe BPCE and the European Investment Bank (EIB) have collaborated to offer a €300 million package aimed at facilitating the green transition of small and medium-sized enterprises (SMEs) and mid-cap companies. This partnership enables Groupe BPCE to provide … Read the full press release

Millennium bcp and EIB Join Forces to Boost Portuguese Mid-Cap Financing with €400 Million Guarantee

(IN BRIEF) Millennium bcp and the European Investment Bank (EIB) have inked a guarantee agreement aimed at facilitating access to financing for Portuguese mid-cap companies, particularly in the face of high interest rates, a challenging operational environment, and reduced credit … Read the full press release

EIB Funds GDI’s Innovative Silicon Anode Technology to Revolutionize Battery Performance

(IN BRIEF) The European Investment Bank (EIB) has provided a €20 million quasi-equity loan to GDI, a US-based company with an affiliate in the Netherlands, to develop silicon anode technology for batteries. This technology aims to replace graphite in batteries … Read the full press release