European Investment Bank

(IN BRIEF) The European Investment Bank (EIB) released its 2023 Sustainability Report, highlighting major achievements in climate action. EIB-financed projects are expected to cut greenhouse gas emissions by 5.2 million tonnes, equivalent to the carbon footprint of 520,000 European households. … Read the full press release →

(IN BRIEF) The European Investment Bank (EIB) has signed a €450 million finance contract with Prysmian to enhance electricity transmission and distribution in Europe, focusing on renewable energy and offshore wind. The funds will be used to manufacture extra-high-voltage submarine … Read the full press release →

(IN BRIEF) The European Investment Bank (EIB) has provided a €390 million loan to Greek energy supplier DEPA Commercial SA to build and operate solar-energy farms in Greece. This loan supports DEPA’s €500 million renewable energy investment plans, with new … Read the full press release →

(IN BRIEF) Stora Enso reported a slight decrease in Q2 2024 sales but saw significant improvements in adjusted EBIT and cash flow. Key highlights include successful value creation and profit improvement programmes, a major investment in the Oulu mill, and … Read the full press release →

(IN BRIEF) A new EIB report identifies significant financing barriers for European scale-ups and calls for the development of a comprehensive European capital markets union. Despite support from the EIB Group, scale-ups face challenges in raising capital, leading to slower … Read the full press release →

(IN BRIEF) The European Investment Bank (EIB) Group has committed over €450 million to support Ukraine’s energy infrastructure ahead of the upcoming winter, including funding for the reconstruction of hydropower plants, electricity grid repairs, and district heating network restoration. Additionally, … Read the full press release →

(IN BRIEF) The European Investment Bank Group (EIB Group) has launched an action plan to enhance workplace transparency, accountability, and well-being. Key elements include the creation of an independent Ombudsman, improved conflict resolution mechanisms, and better whistleblower protection. The plan … Read the full press release →

(IN BRIEF) AFRY, in collaboration with the European Investment Bank (EIB), spearheaded a pioneering climate resilience study focused on Ischia, Italy, addressing the island’s vulnerability to earthquakes and landslides exacerbated by climate change. The comprehensive report, unveiled at a press … Read the full press release →

(IN BRIEF) The European Investment Bank (EIB) is extending a €435 million credit to Stora Enso to upgrade its Oulu manufacturing site for producing eco-friendly, fiber-based packaging for food and personal care products. This investment aims to reduce plastic reliance … Read the full press release →

(IN BRIEF) The European Investment Bank (EIB) and Poste Italiane have signed a €450 million finance contract to modernize and digitalize Poste Italiane’s logistics and postal services. This funding will be used to establish new automated parcel sorting centers, including … Read the full press release →

(IN BRIEF) The European Investment Bank (EIB), as part of the €340 million Ukraine Recovery Programme, has renovated Bucha’s water supply facility, providing clean drinking water to 9,000 residents. Damaged during the Russian invasion, the upgraded facility now features advanced … Read the full press release →

(IN BRIEF) Creas Impacto II, supported by EIF, ICO, the Carasso Foundation, and private investors, targets a €70 million fund size under the InvestEU program. The fund, managed by CREAS, focuses on investing in about 12 growth-stage companies in Spain … Read the full press release →

(IN BRIEF) Kembara Fund I FCR, a €1 billion deep tech and climate-focused fund managed by Spain-based Alma Mundi Ventures, has secured a €350 million commitment from the European Investment Fund (EIF). As the first Spanish fund to be selected … Read the full press release →

(IN BRIEF) The European Investment Bank (EIB) will provide advisory services to the Athens Water Supply and Sewerage Company (EYDAP) in Greece to support its €2 billion, 10-year investment programme. This initiative aims to enhance the resilience of Athens’ water … Read the full press release →

(IN BRIEF) The European Investment Fund (EIF) and Danish corporate bank kompasbank a/s have partnered to provide at least €175 million in new loans to Danish small and medium-sized enterprises (SMEs). Supported by the InvestEU programme, the three portfolio guarantee … Read the full press release →

(IN BRIEF) The European Investment Bank (EIB) has awarded Belgium-based medtech company Nyxoah €37.5 million in venture-debt financing to support the development of innovative treatments for obstructive sleep apnea (OSA). This funding, backed by the InvestEU Life Sciences programme, will … Read the full press release →

(IN BRIEF) The European Investment Bank (EIB) has pledged support for a new $350 million regional private sector investment fund managed by SPE Capital, focusing on Egypt, Tunisia, and Morocco. Aimed at fostering growth in key sectors like healthcare and … Read the full press release →

(IN BRIEF) The European Investment Bank (EIB) has allocated a €300 million loan to voestalpine AG, Europe’s third-largest steelmaker, to support a four-year research and development initiative aimed at enhancing sustainability and reducing carbon emissions. Key focuses include optimizing manufacturing … Read the full press release →

(IN BRIEF) The European Investment Bank (EIB) and Banca Etica have signed a €60 million agreement to stimulate €165 million in investments across Italy. The initiative aims to support women-led SMEs, improve services for refugees, and boost economic development in … Read the full press release →

(IN BRIEF) The European Investment Bank (EIB) has allocated a €285 million loan to Cepsa for the development of an advanced biofuels plant in Andalusia, Spain, adjacent to the La Rábida Energy Park. In partnership with Bio-Oils, the facility will … Read the full press release →