Tag Archives: EIB

Bay of Biscay Subsea Link to Double Power Exchange Between Spain and France with €1.6 Billion EIB Backing

(IN BRIEF) The Bay of Biscay electricity interconnection will link Spain and France via a 400 km high-voltage DC submarine cable, boosting capacity from 2,800 to 5,000 MW and integrating the Iberian Peninsula into Europe’s power grid. Jointly implemented by … Read the full press release

EIB Commits €235 Million to Modernize Uusimaa Hospitals and Build Sustainable Schools in Vantaa

(IN BRIEF) The EIB is extending €235 million in loans to enhance public services in Finland’s Uusimaa region: €135 million for upgrading three major hospitals under Helsinki University Hospital’s broader €300 million program, and €100 million for building and refurbishing … Read the full press release

EIB Triples Defence SME Financing to €3 Billion with First Deutsche Bank Partnership

(IN BRIEF) The EIB is tripling its intermediated lending for European defence-industry suppliers from €1 billion to €3 billion. It has signed an inaugural €500 million loan agreement with Deutsche Bank, which will provide €1 billion in credit lines to … Read the full press release

Public Development Banks Unveil €3 Billion Clean Oceans Initiative 2.0 to Tackle Marine Plastic Crisis Through 2030

(IN BRIEF) At the UN Ocean Conference in Nice, six public development banks including EIB, AFD, and KfW, joined by new partner ADB, launched Clean Oceans Initiative 2.0 — a renewed €3 billion pledge running from 2026 to 2030 to … Read the full press release

EIB to Guide Bulgaria in Decarbonizing Maritsa East Complex and Transitioning to Clean Energy

(IN BRIEF) Bulgaria has enlisted the help of the European Investment Bank (EIB) to support the decarbonization of the Maritsa East Complex, one of Europe’s largest coal-powered electricity sites. The EIB will work with Bulgaria’s Ministry of Energy to develop … Read the full press release

EIB Partners with Bulgarian city Burgas to Launch Cutting-Edge Scientific Campus to Support Local Universities

(IN BRIEF) The European Investment Bank (EIB) has signed an agreement with Burgas to provide advisory services for the development of a state-of-the-art scientific campus, which is set to open in 2027. The campus, which will serve four universities in … Read the full press release

EIB Grants €150 Million Loan to Acqua Novara.VCO for Water Infrastructure Upgrades in Piedmont

(IN BRIEF) The European Investment Bank (EIB) has granted €150 million to Acqua Novara.VCO to help fund a €300 million investment plan for the modernization of water and wastewater services in the Italian provinces of Novara and Verbano-Cusio-Ossola. The project, … Read the full press release

TreeFrog Therapeutics Secures €30 Million from EIB to Advance Parkinson’s Disease Cell Therapy

(IN BRIEF) TreeFrog Therapeutics has secured €30 million in financing from the European Investment Bank to advance its cell therapy program for Parkinson’s disease and support the development of its internal pipeline targeting diseases with high unmet needs. The funding, … Read the full press release

European Investment Bank Provides €400 Million for Stockholm Metro Expansion, Supporting Sustainable Growth

(IN BRIEF) The European Investment Bank (EIB) has provided €400 million in additional financing for the expansion of the Stockholm metro, supporting the development of 30 km of new tracks, 18 new stations, and the creation of 130,500 housing units. … Read the full press release

EIB Launches Greening Financial Systems Programme to Strengthen Ethiopia’s Financial Sector Against Climate Change

(IN BRIEF) The EIB has launched the Greening Financial Systems (GFS) Programme in Ethiopia, aimed at enhancing the resilience of the country’s financial sector to climate risks. This initiative, supported by Germany’s International Climate Initiative, will help the National Bank … Read the full press release

EIB and Luxembourg Space Agency Collaborate to Integrate Satellite Data into Financial Sector Practices

(IN BRIEF) The EIB and the Luxembourg Space Agency (LSA) have partnered to enhance the use of satellite data in the financial sector, aiming to improve financial services’ sustainability and reporting. Through an R&D Pilot Programme, the collaboration will explore … Read the full press release

ICF Secures €150 Million in Loans from EIB and CEB to Enhance Catalonia’s Care Facilities

(IN BRIEF) The Institut Català de Finances (ICF) has signed agreements with the European Investment Bank (EIB) and the Council of Europe Development Bank (CEB) to secure €150 million in loans to develop social infrastructure in Catalonia. These loans will … Read the full press release

EIB Sets Record Support for Circular Economy at WCEF 2025

(IN BRIEF) The European Investment Bank (EIB) is actively participating in the World Circular Economy Forum (WCEF) 2025 in São Paulo, Brazil, sharing its long-standing commitment to financing circular economy projects. With over €5.1 billion lent to circular economy projects … Read the full press release

Heura Foods Receives EIB Loan to Expand Plant-Based Product Range and Boost Sustainable Food Systems

(IN BRIEF) Heura Foods has secured a €20 million loan from the European Investment Bank (EIB) to enhance its research, development, and production capabilities for plant-based, sustainable food products. The loan, backed by InvestEU, will support the development of innovative … Read the full press release

EIB Mobilizes €200 Million for French Farming and Bioeconomy, Focusing on Youth and Sustainability

(IN BRIEF) The EIB and BPCE banking group have signed an agreement to provide €200 million in loans for SMEs and mid-caps in the French farming and bioeconomy sectors. The initiative aims to support young farmers and promote sustainable agriculture, … Read the full press release

EIB and EBRD Strengthen Partnership with New Mutual Reliance Agreement to Streamline Project Financing

(IN BRIEF) The EIB and EBRD have taken a significant step forward in their partnership by signing a Mutual Reliance Agreement, which aims to reduce administrative burdens, improve project financing efficiency, and ensure the highest environmental and social standards in … Read the full press release

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

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

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