Category Archives: Luxembourg

Press Releases & News from Luxembourg distributed via EuropaWire

European Investment Bank Appoints Scope Ratings for Solicited Creditworthiness Rating

(IN BRIEF) The European Investment Bank (EIB) has mandated Scope Ratings, a European Union-based credit rating agency, to perform a solicited creditworthiness rating. This addition to its existing agencies—Fitch, Moody’s, and S&P—was part of EIB’s regular triennial evaluation process for … Read the full press release

EIF Joins Forces with Alfa Framtak to Launch First-Ever Private Equity Fund Commitment in Iceland

(IN BRIEF) The European Investment Fund (EIF) has made its first-ever private equity fund investment in Iceland, committing €30 million to Alfa Framtak’s AF3 fund under the European Commission’s InvestEU programme. With a total first close of €145 million, AF3 … Read the full press release

EIB Supports Climate-Proofing Efforts for Ports of Volos, Patras, and Alexandroupoli

(IN BRIEF) The European Investment Bank is teaming up with Growthfund to carry out Climate Risk and Vulnerability Assessments for the ports of Volos, Alexandroupoli, and Patras in Greece. The initiative will identify physical climate risks, propose adaptation measures, and … Read the full press release

EIB Joins LeapFrog to Drive Climate Innovation Across Africa and Asia with $60M Commitment

(IN BRIEF) The European Investment Bank has pledged $60 million to support LeapFrog Investments’ Climate Investment Strategy, a fund aiming to deploy $500 million for green technologies across Africa and Asia. Joined by partners such as IFC, Temasek, and SIFEM, … Read the full press release

EIF Joins AVP Growth Fund I to Power Europe’s Late-Stage Tech Ecosystem

(IN BRIEF) The European Investment Fund (EIF) has joined AVP Growth Fund I as an anchor investor under the European Tech Champions Initiative (ETCI), which aims to boost funding for late-stage European tech companies. This investment supports AVP’s mission to … Read the full press release

EIB and EIF Unveil €3.6 Billion Financing Package to Boost Clean Transport, Energy, and Automotive Innovation

(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have approved new financing initiatives aimed at bolstering clean transport, energy, and innovation projects, as well as enhancing water and sanitation infrastructure in Africa with a total … Read the full press release

EIB Supports Prishtina’s Heritage: €500,000 Grant for Revitalizing the Palace of Youth and Sports Ahead of 2030 Mediterranean Games

(IN BRIEF) A €500,000 grant under the EIB’s Economic Resilience Initiative and Urban Projects Finance Initiative will provide technical assistance for the Palace of Youth and Sports renovation in Prishtina. The project will focus on the building’s reconstruction, conservation, and … Read the full press release

CVC Appoints John Kelleher as New Managing Partner to Lead Global Operations and Drive Portfolio Value

(IN BRIEF) CVC has announced the appointment of John Kelleher as its new Managing Partner, effective early Q3 2025, with his base in New York. John brings extensive experience in private equity and operational leadership from his nine years at … Read the full press release

EIB Finalizes €160 Million Tranche to Complete Strategic Hospital Project in A Coruña with Broad Regional Impact

(IN BRIEF) The second and final portion of a €450 million loan provided by the European Investment Bank has been approved to finish the construction of the new university hospital in A Coruña, Spain. With a tranche valued at €160 … Read the full press release

European Investment Bank Unveils US$100 Million Boost to AXIAN Telecom for Expanding 4G and 5G Networks in Tanzania and Madagascar

(IN BRIEF) The European Union, through its Global Gateway strategy, is set to expand mobile broadband connectivity in Madagascar and Tanzania. A financing package of US$100 million from the European Investment Bank will be provided to AXIAN Telecom, with US$60 … Read the full press release

EIF and Enisa Forge €40 Million Guarantee to Propel Innovation and SME Growth in Spain

(IN BRIEF) The European Investment Fund (EIF) and Empresa Nacional de Innovación (Enisa) have entered into a guarantee agreement worth up to €40 million to help innovative Spanish small and medium-sized enterprises (SMEs) and startups access vital finance. This partnership, … Read the full press release

ArcelorMittal Unveils New Share Buyback Program Tied to Free Cash Flow Performance

(IN BRIEF) ArcelorMittal has launched a new share buyback program following the successful completion of an earlier 85 million share buyback. The new program, set to continue through May 2030, involves purchasing shares in multiple tranches, with the initial tranche … Read the full press release

EIB and Aragón Propel Green and Digital Transformation with €234 Million Loan

(IN BRIEF) The European Investment Bank has signed a €234 million loan agreement with the Aragón regional government in Spain, marking the first tranche of a €260 million financing package. The funds will co-finance various projects in Aragón—especially in the … Read the full press release

EIB Funds Beccs Stockholm, Pioneering Negative Emissions Technology to Outpace Stockholm Traffic Emissions

(IN BRIEF) The European Investment Bank has granted a €260 million loan to Stockholm Exergi to construct Sweden’s first large-scale BECCS facility at Värtaverket, expected to be operational by 2028. The project, Beccs Stockholm, will capture up to 800,000 tonnes … Read the full press release

EIB Fuels Swedish Food Security: €50M Loan Boosts Lantmännen’s Innovative Pea Protein Factory

(IN BRIEF) The European Investment Bank has provided Lantmännen with a €50 million loan to co-finance the construction of a new pea protein isolate factory in Lidköping, Sweden. This investment, covering about half the project cost, will enable the factory—set … Read the full press release

EIB Group Invests €90M to Unlock €185M for Sustainable Housing in Spain, Bolstering Green Finance and EU Market Integration

(IN BRIEF) The EIB Group, comprising the European Investment Bank (EIB) and the European Investment Fund (EIF), has invested over €90 million in a synthetic securitisation operation with BBVA, aimed at financing sustainable housing projects in Spain. Backed by InvestEU, … Read the full press release

EIB Grants €2M for Digital Transformation in Montenegro’s Schools

(IN BRIEF) The EIB, through its Economic Resilience Initiative Fund, has granted €2 million to purchase digital equipment for schools under the Montenegro Education Programme. This funding, part of a broader €29 million investment by EIB Global in Montenegrin education, … Read the full press release

Transforming University Campuses: €95 Million Boost for Green Student Housing and Modern Academic Facilities

(IN BRIEF) The University of Crete is set to undergo a significant expansion and upgrade of its student housing and academic facilities through a €95 million financing deal from the European Investment Bank (EIB), under a pioneering Public-Private Partnership with … Read the full press release

Revitalizing Ukraine’s Rail Links: €50 Million Boost for Cross-Border Connectivity

(IN BRIEF) Ukraine is set to upgrade its border rail infrastructure with neighboring EU countries, boosting both freight and passenger transport while reinforcing its role as a transport hub. This project includes comprehensive improvements such as track repairs, relocation of … Read the full press release

Banking Alliance Paves the Way for a Robust EU Clean Energy Future

(IN BRIEF) NORD/LB and the EIB have launched a significant financing partnership to boost the transition to clean energy within the European Union. The collaboration will fund new small and medium-sized renewable energy projects, with targeted investments in photovoltaic systems, … Read the full press release