EIB Provides €385 Million to Indra for State‑of‑the‑Art Defence Technology Hub in Spain

EIB Provides €385 Million to Indra for State‑of‑the‑Art Defence Technology Hub in Spain

(IN BRIEF) The European Investment Bank has signed a €385 million loan with Spanish technology firm Indra to establish a cutting‑edge R&D centre—Indra Technology Hub—in Torrejón de Ardoz, Madrid. The facility will focus on radar, electronic defence, electro‑optics, command‑and‑control communications, and digitalisation for defence and space applications. As the largest EIB financing in Spain for security and defence, this deal aligns with the EIB Group’s TechEU initiative and its 2024–2027 Strategic Roadmap, which targets enhanced supply‑chain resilience, technological innovation, and Europe’s strategic autonomy. The funding underscores the EIB’s commitment to allocate 3.5 percent of its 2025 financing—about €3.5 billion—to security and defence projects.

(PRESS RELEASE) LUXEMBOURG, 16-Jul-2025 — /EuropaWire/ — The European Investment Bank (EIB) has agreed to provide €385 million to Indra Group, marking the largest EIB financing in Spain to date dedicated to bolstering European security and defence capabilities. This landmark loan will support the creation of Indra’s new Technology Hub in Torrejón de Ardoz, Madrid—a state‑of‑the‑art R&D campus equipped with specialized laboratories and advanced manufacturing facilities for radar, electronic defence, electro‑optics, command‑and‑control communications, and digital innovations tailored to the defence and space sectors.

EIB President Nadia Calviño and Vice‑President Robert de Groot formalized the agreement alongside Indra Chairman Ángel Escribano at the Bank’s Luxembourg headquarters. “Investing in technological innovation is investing in Europe’s security,” Calviño remarked, emphasizing the urgency of a pan‑European approach amid today’s geopolitical challenges. De Groot added, “By financing Indra’s cutting‑edge R&D infrastructure, we’re reinforcing Europe’s autonomy in both defence and space.”

Under the TechEU initiative and the EIB Group’s 2024–2027 Strategic Roadmap, this operation advances several cross‑cutting priorities: enhancing the resilience of the EU’s aerospace and defence supply chains, accelerating digital transformation, and nurturing a competitive European security industry. Indra’s “Leading the Future” strategy—focused on industrial growth and technological leadership—will be fast‑tracked by this public‑sector backing. “This funding empowers us to turn pioneering ideas into tangible capabilities for Europe’s defence ecosystem,” said Escribano.

Since elevating security and defence to a core policy goal in 2024, the EIB Group (including the European Investment Fund) has revised its lending framework, expanded eligible projects, and established a dedicated Security and Defence Office. For 2025, the Bank aims to allocate approximately 3.5 percent of its financing—around €3.5 billion—to bolster Europe’s strategic autonomy. With a robust pipeline of 80 projects and close collaboration with the European Commission, the European Defence Agency, and NATO, the EIB Group continues to drive innovation at the intersection of security, defence, and space.

Background information

EIB

The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, the capital markets union, and a stronger Europe in a more peaceful and prosperous world.

The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.

All projects financed by the EIB Group are in line with the Paris Agreement, as pledged in its Climate Bank Roadmap. Almost 60% of the EIB Group’s annual financing supports projects directly contributing to climate change mitigation, adaptation, and a healthier environment.

In Spain, the EIB Group signed €12.3 billion of new financing for more than 100 high-impact projects in 2024. In France, the EIB Group signed €12.6 billion of new financing for more than 100 high-impact projects in 2024. This financing is contributing to the green and digital transition of both countries, economic growth, competitiveness and improved services for residents.

High-quality, up-to-date photos of the organisation’s headquarters for media use are available here.

Indra Group

Indra Group (www.indracompany.com) is a holding company that promotes technological progress, which includes Indra, a leading global defence, air traffic and space company; and Minsait, a leader in digital transformation and information technologies in Spain and Latin America. Indra Group drives a safer, more secure and connected future through innovative solutions, trusted relationships and the best talent. Sustainability is part of its strategy and culture, in order to respond to present and future social and environmental challenges. At year-end 2024, Indra Group had revenues of 4,843 million euros, local presence in 49 countries and commercial operations in more than 140 countries.

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SOURCE: European Investment Bank