Category Archives: European Union

Press Releases & News from European Union distributed via EuropaWire

DNV Strengthens Grenergy’s Renewable Ambitions in Chile with Key Role in Financing One of Latin America’s Largest Hybrid Plants

(IN BRIEF) DNV has acted as the market consultant for Grenergy’s $270 million financing of the Elena hybrid solar and storage project in Chile’s Antofagasta region. Combining 77 MW of solar PV with a 430 MW/3.5 GWh battery system, the … Read the full press release

EU-Backed EBRD Loans Boost Green and Competitive Growth for Moldova’s maib, Victoriabank, and Eximbank

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union, is extending €22.5 million in new loans to three Moldovan banks — maib, Victoriabank, and Eximbank — under the EU4Business-EBRD Credit Line to boost … Read the full press release

Vilniaus vandenys Secures EIB Loan to Modernize Water and Wastewater Networks Across the Vilnius Region

(IN BRIEF) The European Investment Bank (EIB) is providing a €50 million loan to Vilniaus vandenys, Lithuania’s largest water utility, to upgrade and expand water and wastewater infrastructure in the Vilnius region. The project includes station upgrades, network extensions, and … Read the full press release

EIB and BRED Banque Populaire Join Forces to Unlock €800 Million in Financing for SMEs and Sustainable Growth in France’s Overseas Territories

(IN BRIEF) The European Investment Bank and BRED Banque Populaire have launched their first joint financing program to support SMEs and mid-cap companies in France’s overseas territories, mobilizing a total of €800 million. Backed by an EIB loan of €400 … Read the full press release

EIB and European Commission Support BioNTech’s First mRNA Vaccine Manufacturing Facility in Africa with up to €95 Million in Financing

(IN BRIEF) The European Investment Bank and European Commission are jointly supporting BioNTech’s mRNA manufacturing facility in Kigali, Rwanda, with up to €95 million in blended financing. The project aims to strengthen Africa’s capacity to produce vaccines locally for diseases … Read the full press release

EU Deepens Collaboration with ASEAN to Accelerate Clean Energy Integration and Regional Power Grid Development

(IN BRIEF) The European Union has announced expanded support for Southeast Asia’s sustainable energy transition through a major partnership with ASEAN and the Asian Development Bank to advance the ASEAN Power Grid. The initiative aims to improve energy access for … Read the full press release

DNV Launches First Public Tender Portal for E-Methanol Procurement Across EU and UK

(IN BRIEF) DNV has launched the first public tender portal for e-methanol procurement across the EU and UK, connecting a major e-methanol producer with industrial buyers to facilitate access to stable, RFNBO-certified fuel supplies. The initiative aims to meet the … Read the full press release

EBRD Launches €10 Million Initiative to Support Sustainable Growth in Albania’s SME Sector

(IN BRIEF) The EBRD has launched a €10 million financial package for Tirana Bank, including a €5 million SME Reboot loan to help Albanian SMEs invest in green technologies and a €5 million trade finance facility to expand the bank’s … Read the full press release

Patria Bank Secures Second EIB Loan to Expand Credit Access and Promote Sustainable Growth in Romania

(IN BRIEF) The European Investment Bank (EIB) has granted a €25 million loan to Romania’s Patria Bank SA to expand financing for small and medium-sized enterprises (SMEs) and Mid-Cap companies, especially in less-developed regions. A fifth of the funds will … Read the full press release

Latvia and EIB Partner to Develop Military Base and Training Area under Potential Public-Private Partnership

(IN BRIEF) The European Investment Bank (EIB), the Latvian government, and the State Real Estate Agency (VNI) have signed an agreement to develop a new military base and training area in Selonia, along with a storage facility in Kuldīga. The … Read the full press release

EIB Strengthens Partnership with Banca di Asti to Boost Financing for Italian Agricultural SMEs

(IN BRIEF) The European Investment Bank (EIB) and Banca di Asti have signed a €100 million financing agreement to support Italian SMEs in the agriculture and bioeconomy sectors, with 10% of the funds reserved for young farmers. The signing took … Read the full press release

Costa Rica’s First Electric Train Secures EIB, CABEI and Green Climate Fund Financing to Drive Sustainable Urban Mobility

(IN BRIEF) The European Investment Bank (EIB), through EIB Global, has signed a $250 million loan to support Costa Rica’s first electric train project — the country’s first EIB-financed operation in over ten years. Co-funded with the Central American Bank … Read the full press release

EIB-IFC-Led GEMs Initiative Unveils New Statistics to Boost Transparency and Investment Confidence in EMDEs

(IN BRIEF) The Global Emerging Markets Risk Database (GEMs) Consortium, co-chaired by the EIB and IFC, has released three comprehensive reports offering new insights into default and recovery trends across emerging markets. Covering lending to private, public, and sovereign entities, … Read the full press release

EIB Supports Dolomiti Energia Group’s 2030 Strategic Plan with €200 Million Green Loan to Boost Renewable Energy and Grid Development

(IN BRIEF) The European Investment Bank (EIB) has approved a €200 million green loan to support Dolomiti Energia Group’s 2030 Strategic Plan, with 55% of the financing directed toward new onshore wind farms in Campania and Puglia and 45% toward … Read the full press release

Brussels gathering highlights women-led leadership as key to Europe’s green economy and energy independence

(IN BRIEF) The Women Climate Leaders Network (WCLN) held its mid-year hybrid meeting in Brussels, gathering women leaders from all EU Member States, policymakers, and experts to accelerate Europe’s green transition. Discussions centered on funding for green SMEs and scale-ups, … Read the full press release

European Investment Bank and Iberdrola join forces to expand wind capacity and energy security in Greece

(IN BRIEF) The European Investment Bank (EIB) has signed a €25.9 million green financing agreement with Iberdrola for the construction of the 22.5 MW Gatza wind farm in central Greece. The financing package includes €10 million from EIB resources and … Read the full press release

EIB and Intesa Sanpaolo agreements to create 2GW of clean capacity and thousands of jobs across Italy and Europe

(IN BRIEF) The European Investment Bank (EIB) and Intesa Sanpaolo have announced two financing operations worth €750 million to accelerate renewable energy development and strengthen Europe’s wind sector. A €500 million framework loan will support solar, wind, bioenergy, and storage … Read the full press release

EBRD backs Scandagra’s sustainable farming strategy with InvestEU-supported loan in Estonia, Latvia and Lithuania

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has extended a €30 million sustainability-linked loan to Scandagra Group, backed by an InvestEU guarantee, to support the agribusiness company’s operations in Estonia, Latvia and Lithuania. The financing will fund … Read the full press release

Kazakhstan’s maritime gateway set for major upgrade through €45 million EBRD-EU financing package

(IN BRIEF) The EBRD is providing €35 million in financing to modernise Kazakhstan’s port of Aktau, with up to €10 million in additional support expected from the EU, creating a total package of €45 million. The funds will extend berths … Read the full press release

EIB launches second phase of Climate Bank Roadmap to drive competitiveness, energy security and resilience

(IN BRIEF) The European Investment Bank (EIB) Group has adopted the second phase of its Climate Bank Roadmap, setting priorities through 2030 that focus on boosting competitiveness, ensuring energy security, and cutting costs for households and companies. The plan doubles … Read the full press release