Tag Archives: EIB

AFRY Leads Innovative Climate Resilience Study on Ischia, Presented by EIB

(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

EIB Funds €435 Million to Stora Enso for Sustainable Packaging Transformation in Oulu

(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

EIB and Poste Italiane Partner for €450 Million Investment to Enhance Digital and Sustainable Logistics

(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

EIB Renovates Bucha Water Supply Facility, Enhancing Access to Clean Drinking Water

(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

EIB Advisory to Bolster Athens Water Utility EYDAP’s Investment Initiative

(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

EIB Invests €37.5 Million in Nyxoah’s Innovative Sleep Apnea Solutions

(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

Scatec ASA and Partners Forge Renewable Ammonia Pact with Yara Clean Ammonia for Egypt

(IN BRIEF) Scatec ASA, in collaboration with ECHEM and MOPCO, has finalized a Heads of Terms agreement with Yara Clean Ammonia to secure the offtake of renewable ammonia produced in Egypt. The project involves developing up to 480 MW of … Read the full press release

EIB Commits $350 Million to Boost Private Sector Growth in North Africa

(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

EIB Funds voestalpine’s Green Steel Initiative with €300 Million Loan

(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

EIB and Banca Etica Partner to Drive €165 Million Investments in Italy’s Social Economy

(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

EIB and Cepsa Partner on €285 Million Biofuels Plant to Boost Energy Security and Decarbonisation

(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

Banca Transilvania Partners with EIB Group for Landmark RON 2 Billion Securitisation to Boost SME Financing and Sustainability

(IN BRIEF) Banca Transilvania has entered into a significant synthetic securitisation transaction worth RON 2 billion (€400 million), supported by the European Investment Fund (EIF) and the European Investment Bank (EIB). This transaction will reduce credit risk and release capital … Read the full press release

EIB Group Expands in Cyprus with New Office in Nicosia to Boost Local Economy

(IN BRIEF) The European Investment Bank Group (EIB Group) is set to expand its presence in the European Union by opening a new office in Nicosia, Cyprus. This decision was revealed during discussions between EIB Group President Nadia Calviño and … Read the full press release

EIB Group’s Financing Boosts SME Growth and Start-up Success in Europe

(IN BRIEF) A new study from the European Investment Bank (EIB) Group has found that its financial support significantly boosts growth and productivity for small and medium-sized enterprises (SMEs) and mid-cap companies across Europe. Companies receiving EIB loans reported a … Read the full press release

Al Jazeera’s “101 East – India’s Women Combat Fighters” Wins Women’s Solutions Reporting Award

(IN BRIEF) Al Jazeera’s documentary “101 East – India’s Women Combat Fighters,” by Rudraneil Sengupta and Sreya Banerjee, has been awarded the Women’s Solutions Reporting Award at the 2024 One World Media Awards. The film highlights the courageous journey of … Read the full press release

EIB and Iren Group Secure €200 Million for Modernizing Italy’s Electricity Infrastructure

(IN BRIEF) The European Investment Bank (EIB) and the Iren Group have signed a €200 million financing agreement to enhance electricity infrastructure in Parma, Turin, and Vercelli. The project focuses on increasing grid resilience, digitizing services, and improving electricity consumption … Read the full press release

EIB Global Invests $50 Million in Climate-Resilient Bridges to Enhance Rural Connectivity in Papua New Guinea

(IN BRIEF) EIB Global has invested $50 million to construct nine climate-resilient bridges across East Sepik and Madang provinces in Papua New Guinea, as part of the Bridge Replacement for Improved Rural Access project. This initiative, co-financed by the Asian … Read the full press release

Multilateral Coalition Commits $20 Billion to Women’s Economic Empowerment

(IN BRIEF) A coalition of public and private investors has pledged $20 billion over three years to advance women’s economic empowerment through the 2X Challenge. Launched initially during the 2018 G7 Summit, the initiative has surpassed its fundraising targets, culminating … Read the full press release

EIF and MDB Collaboration to Foster Economic Development and Job Creation in Malta

(IN BRIEF) The European Investment Fund (EIF), in collaboration with the Malta Development Bank (MDB), is set to provide guarantees totaling €20 million to support small and medium-sized enterprises (SMEs) and small mid-caps in Malta. These guarantees, backed by InvestEU, … Read the full press release

Breaking Ground: InvestEU Programme Launches in Iceland with Byggðastofnun Guarantee Pact

(IN BRIEF) In a significant move to bolster Icelandic small entrepreneurship beyond the capital region, the European Investment Fund (EIF) has inked a guarantee agreement with the Icelandic regional development agency, Byggðastofnun, under the European Commission’s InvestEU initiative. This agreement … Read the full press release

Strategic Alliance: EIB and Banco Sabadell Drive Economic Cohesion in Spain

(IN BRIEF) The European Investment Bank (EIB) and Banco Sabadell have joined forces in a significant deal, signing a guarantee agreement worth up to €200 million, which is the first phase of a broader operation of €300 million. Over the … Read the full press release

EIB Signs €75.5 Million Deal to Revamp Montenegro’s Railways, Boosting Connectivity and Sustainability

(IN BRIEF) In a significant move towards enhancing transportation infrastructure, the European Investment Bank (EIB) Global has sealed a €75.5 million financial agreement for the reconstruction of a crucial 167 km railway section connecting Bar, Podgorica, and Vrbnica in Montenegro. … Read the full press release

EIB Invests €25 Million in Amethis Fund III to Boost African Medium-Sized Enterprises

(IN BRIEF) The European Investment Bank (EIB Global) has committed €25 million to Amethis Fund III, signaling a strategic move to bolster medium-sized companies across Africa. Amethis Fund III targets sectors crucial for the continent’s growth, including healthcare, logistics, manufacturing, … Read the full press release

EIB Boosts Healthcare Infrastructure in Castilla y León with €120 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has committed €120 million in the first tranche of financing, out of a total of €175 million, to the regional government of Castilla y León in Spain. The loan aims to facilitate the … Read the full press release

EIB Green Loan Boosts Brno’s Environmental Renaissance: Modernizing Wastewater Treatment

(IN BRIEF) The European Investment Bank (EIB) has recently inked a CZK 1.3 billion loan agreement with Brněnské vodárny a kanalizace (BVK), the municipal water and wastewater company in Brno, Czech Republic, aiming to revamp the city’s wastewater treatment infrastructure. … Read the full press release

EIB President Calviño Engages in Strategic Talks during Portugal Visit

(IN BRIEF) Nadia Calviño, President of the European Investment Bank Group (EIB Group), embarked on a diplomatic mission in Portugal, engaging in crucial discussions aimed at bolstering strategic investments and partnerships in the country. Meeting with key figures including Minister … Read the full press release

EIB Partners with Castilla y León Government to Boost SMEs with €25 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has inked a €25 million loan agreement with the regional government of Castilla y León through the Institute for Business Competitiveness of Castilla y León (ICECyL), aiming to support small and medium-sized enterprises … Read the full press release

EIB Funds €300 Million Satellite Program for Dual Civil and Security Use in Poland

(IN BRIEF) The European Investment Bank (EIB) has pledged €300 million to support Poland’s venture into space technology with the development and launch of two Earth observation satellites. These satellites, financed through a loan to Bank Gospodarstwa Krajowego (BGK), will … Read the full press release

EIB President Calviño and Poland’s PM Tusk Announce €300 Million Satellite Programme Investment

(IN BRIEF) The President of the European Investment Bank (EIB) Group, Nadia Calviño, held discussions with Poland’s political leaders to strategize future financing and announce the initiation of Poland’s first satellite program. The €300 million project, supported by the EIB, … Read the full press release

EIB and Deutsche Bank Team Up to Fuel Climate-Friendly Housing in Germany

(IN BRIEF) In a collaborative effort to promote climate-friendly housing initiatives in Germany, the European Investment Bank (EIB) and Deutsche Bank have forged an agreement. Valued at over €600 million, the program will provide discounted mortgages to individuals seeking to … Read the full press release

EIB Group Marks International Day Against Homophobia, Transphobia, and Biphobia with Commitment to Inclusive Practices

(IN BRIEF) On the occasion of the International Day Against Homophobia, Transphobia, and Biphobia (IDAHOT), the European Investment Bank (EIB) Group underscores its dedication to fostering equality and justice for all individuals, particularly those from the LGBTIQ community. Embracing the … Read the full press release

EIF and Greek Government Launch €200 Million Equity Fund to Boost Innovation in Life Sciences and Sustainability Sectors

(IN BRIEF) Greek startups and SMEs in life sciences, healthcare, and sustainability sectors are set to receive a significant boost with the launch of a €200 million equity agreement managed by the EIF arm of the EIB Group. The agreement, … Read the full press release

EIB and MicroBank’s €200 Million Boost to Spanish Entrepreneurs

(IN BRIEF) The European Investment Bank (EIB) and MicroBank have partnered to provide a €200 million loan, aimed at empowering small businesses and self-employed individuals in Spain. With MicroBank contributing an additional €100 million, this initiative seeks to address the … Read the full press release

EIF’s €200 Million Equity Mandate Boosts Greek Innovation and Sustainability

(IN BRIEF) The Hellenic Republic has entrusted the European Investment Fund (EIF) to manage €200 million from European structural funds and national resources to provide equity financing for Greek startups and SMEs in the life sciences, healthcare, and sustainability sectors. … Read the full press release

EU Blue Champions Program Unveils Top Ocean Innovators, Promotes Sustainable Growth

(IN BRIEF) The European Commission and the European Investment Bank revealed the 20 selected “EU Blue Champions,” representing diverse sectors such as tidal and wind energy, underwater robotics, and satellite data applications. Chosen from Croatia to Sweden, these champions demonstrated … Read the full press release

Sarajevo Launches Modern Trams in Major Public Transport Upgrade Funded by European Banks

(IN BRIEF) Sarajevo has introduced new modern trams for the first time in 40 years, a significant advancement supported by the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), and other donors. The project, financed with … Read the full press release

EIB Report Highlights Financial Sector’s Role in CESEE’s Green Transition

(IN BRIEF) The European Investment Bank (EIB) has released a report by the Vienna Initiative working group, titled “Greening the financial sector: A Central, Eastern and South-Eastern European perspective.” The report underscores the pivotal role of the financial sector in … Read the full press release

EIB Grants €35 Million to Enhance Water Services in Umbria Under InvestEU Program

(IN BRIEF) The European Investment Bank (EIB) has partnered with Valle Umbra Servizi to enhance water service resilience and efficiency across 22 municipalities in Perugia, Italy, with a €35 million green loan under the InvestEU program. This initiative marks the … Read the full press release

EIB Global Signs €10 Million Loan Agreement with Bank Respublika to Boost Small Business Finance in Azerbaijan

(IN BRIEF) EIB Global, the financing arm of the European Investment Bank (EIB) outside the EU, has inked a €10 million loan deal with Bank Respublika to bolster support for micro, small, and medium-sized enterprises (MSMEs) in Azerbaijan. Part of … Read the full press release

Innovative Geothermal Heating Project in Bavaria Receives Major Investment Boost from EIB and EU Innovation Fund

(IN BRIEF) The European Investment Bank (EIB) is providing close to €45 million for the implementation of an innovative geothermal heating project, Eavor-LoopTM, in Geretsried, Bavaria. This pioneering project, which received an additional €91.6 million grant from the EU Innovation … Read the full press release