Category Archives: Luxembourg

Press Releases & News from Luxembourg distributed via EuropaWire

EIF and Catalan Finance Institute Partner to Fund Sustainability Projects for SMEs in Catalonia

(IN BRIEF) The European Investment Fund (EIF) and Catalan Finance Institute (ICF) have signed a €40 million guarantee agreement under the InvestEU programme to support sustainability projects by SMEs and mid-caps in Catalonia. The agreement will enable ICF to mobilize … Read the full press release

EU-Backed €16.5 Million Investment to Revitalize Public Transport in Ukraine’s Key Cities

(IN BRIEF) The European Investment Bank (EIB) has provided €16.5 million in EU-backed funding to modernize public transport systems in Kyiv, Mykolaiv, Ivano-Frankivsk, and Odesa. Part of the EIB’s Ukraine Solidarity Urgent Response package, this investment will supply new buses, … Read the full press release

EIB Provides €700 Million in Loans to Support EDP’s Renewable Energy and Power Grid Expansion Projects

(IN BRIEF) The European Investment Bank (EIB) has granted €700 million in loans to EDP SA to advance renewable energy and modernize power grids in southern Europe. A €500 million loan will help EDP Renewables deploy 1,943 MW of solar … Read the full press release

Swedish Cleantech Innovator Secures €22.5 Million EIB Funding to Combat PFAS Water Contamination

(IN BRIEF) Swedish cleantech company Chromafora has secured a €22.5 million loan from the European Investment Bank (EIB) to advance its SELPAXT technology, which removes harmful PFAS chemicals from water. Backed by InvestEU, the funding will support the deployment of … Read the full press release

Luxembourg Future Fund 2 Partners with Shift4Good to Drive Transport Decarbonization

(IN BRIEF) The Luxembourg Future Fund 2 (LFF2), a €200 million joint initiative by SNCI and the EIF, has invested in Shift4Good, a venture capital fund dedicated to decarbonizing the transport sector. Shift4Good, an Article 9 impact fund under the … Read the full press release

Momentum’s Green Tech Fund Secures Backing from European Investment Fund

(IN BRIEF) The European Investment Fund (EIF) has committed NOK 295 million (€25 million) to Momentum III, a Norwegian fund targeting early-stage climate tech companies in the Nordics and EU-27. Backed by the European Commission’s InvestEU initiative, the fund will … Read the full press release

European Investment Bank Provides €243 Million Green Loan to ERG Group for Renewable Energy Expansion in Europe

(IN BRIEF) The European Investment Bank (EIB) has provided a €243 million green loan to ERG Group to support renewable energy projects in Italy, France, and Germany as part of ERG’s 2024-2026 Business Plan. The financing will fund three greenfield … Read the full press release

InvestEU-backed initiative offers businesses in Finland access to affordable financing for energy efficiency and clean technology

(IN BRIEF) Finnish companies will gain access to over €400 million in financing for green and digital transformations through a partnership between Nordea Bank and the European Investment Fund (EIF). Backed by the InvestEU programme, the agreement provides SMEs and … Read the full press release

EIB Supports Marcegaglia’s €170 Million Plan to Decarbonise and Innovate Steel Production

(IN BRIEF) The European Investment Bank (EIB) has provided €100 million in financing to Marcegaglia, a Mantua-based steel group, as part of a €170 million investment plan to decarbonize and modernize its operations. The funding will support projects at key … Read the full press release

Nadia Calviño Recognized as a Leading Force in Europe’s Future by POLITICO28

(IN BRIEF) Nadia Calviño, President of the European Investment Bank (EIB), has been named one of Europe’s top “doers” in POLITICO’s annual POLITICO28 ranking, which celebrates influential figures shaping the continent. Calviño was recognized for her leadership in addressing Europe’s … Read the full press release

EIB Commits €15.6 Billion to Security, Renewable Energy, and Infrastructure in Ambitious Investment Drive

(IN BRIEF) The European Investment Bank (EIB) has approved €15.6 billion in financing to support key projects across security, energy, climate resilience, and infrastructure. Highlights include €1 billion to support SMEs in security and defence supply chains, €6.8 billion for … Read the full press release

EIB Supports Sustainable Development of Bilbao Port with €80 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has provided an €80 million loan to the Port Authority of Bilbao to support the port’s expansion and integration of renewable energy infrastructure. The project will enhance capacity and efficiency at a key … Read the full press release

Lithuania and EIB Partner to Improve Energy Efficiency in 700 Apartment Buildings

  (IN BRIEF) The Lithuanian government and the European Investment Bank (EIB) have partnered in a €100 million initiative to renovate 700 multi-apartment buildings, mobilizing up to €625 million to improve energy efficiency. The project will reduce household energy bills, … Read the full press release

EIB Funds Prologis’ Push for Renewable Energy with €225 Million Loan for Solar and Storage Systems

(IN BRIEF) Prologis, a global leader in logistics real estate, has secured a €225 million framework loan from the European Investment Bank (EIB) to install rooftop solar panels and battery storage systems at its facilities across Western and Central Europe. … Read the full press release

EIB Loan Fuels Zumtobel’s Push for Smart and Sustainable Lighting Innovation

(IN BRIEF) The European Investment Bank (EIB) has granted a €50 million loan to the Zumtobel Group to advance its research and development of innovative lighting solutions, focusing on energy-efficient and connected technologies for smart buildings and cities. With a … Read the full press release

Credit Conditions Improve in CESEE as Banks Show Optimism Amid Economic Uncertainties

(IN BRIEF) The CESEE Bank Lending Survey by the European Investment Bank (EIB) reveals a recovery in credit demand and supply across Central Eastern and South-Eastern Europe, driven by increased consumer confidence and improved lending conditions, particularly for SMEs. Retail … Read the full press release

EIB Delivers Over €60 Million in EU-Backed Funding to Rebuild Critical Infrastructure in Ukraine

(IN BRIEF) The European Investment Bank (EIB) has committed over €60 million in EU-backed funding to support critical infrastructure projects in Ukraine as part of its Ukraine Solidarity Urgent Response package. This includes €43.48 million to reconstruct the war-damaged M01 … Read the full press release

EIB Appoints New Head for Western Balkans Regional Hub, Reaffirms Commitment to Green and Digital Transition

(IN BRIEF) The European Investment Bank (EIB) has appointed Damien Sorrell as the new Head of its Regional Hub for the Western Balkans, succeeding Alessandro Bragonzi. Based in Belgrade, the hub supports Albania, Bosnia and Herzegovina, Kosovo*, North Macedonia, Montenegro, … Read the full press release

European Investment Bank Unveils Major Commitments to Infrastructure, Innovation, and Inclusion at Africa Investment Forum

(IN BRIEF) At the 2024 Africa Investment Forum in Rabat, Morocco, the European Investment Bank (EIB) announced major commitments to support sustainable development in Africa. Key initiatives include a $80 million investment in the Pembani Remgro Infrastructure Fund II, the … Read the full press release

EIB and Cunext Collaborate to Enhance Circular Economy with €30 Million Investment in Copper Recycling Plant

(IN BRIEF) The European Investment Bank (EIB) and Andalusian company Cunext have partnered on a €30 million loan to build a copper recycling plant in Córdoba, Spain, using advanced electrolysis technology. The facility will produce high-purity copper cathodes from recycled … Read the full press release