Tag Archives: European Investment Bank

European Investment Bank and WWF Partner to Drive Nature-Based Climate Resilience Across Europe

(IN BRIEF) The European Investment Bank (EIB) and WWF have forged a four-year partnership to promote Nature-based Solutions (NbS) in Europe, aiming to enhance climate resilience and biodiversity restoration. Formalized at COP16 in Colombia, this collaboration will focus on ecosystem … Read the full press release

European Investment Bank Unveils Global Health and Climate Initiatives at UN General Assembly

(IN BRIEF) At the 79th United Nations General Assembly, European Investment Bank (EIB) President Nadia Calviño will announce new initiatives focused on global health and climate finance. The EIB, in collaboration with partners like the Gates Foundation and WHO, will … Read the full press release

EIB Grants €50 Million to Upgrade Slovenia’s Electricity Grid, Boosting Renewable Energy and Grid Reliability

(IN BRIEF) The European Investment Bank (EIB) has provided a €50 million loan to Slovenia’s largest energy distribution company, Elektro Ljubljana, to expand and upgrade the electricity grid in the central and southeastern regions of the country. The project, which … Read the full press release

EIB Commemorates 20 Years of Slovenia’s EU Membership with Photo Exhibit Highlighting Key Development Projects

(IN BRIEF) The European Investment Bank (EIB) Group has launched a photo exhibition in Ljubljana to celebrate the 20th anniversary of Slovenia’s membership in the European Union. The exhibition, titled “Slovenia – 20 Years of Progress in the EU,” features … Read the full press release

European Investment Bank Reaches Milestone with Over EUR 100 Billion in Sustainability Funding Through New Climate Awareness Bond

(IN BRIEF) The European Investment Bank (EIB) has achieved a major milestone by surpassing EUR 100 billion in sustainability funding through its Climate and Sustainability Awareness Bonds (CABs and SABs). This achievement was marked by the issuance of a heavily … Read the full press release

European Investment Bank Re-enters USD SSA Markets with $5 Billion 5-Year Global Benchmark Bond

(IN BRIEF) The European Investment Bank (EIB) has successfully re-entered the USD bond market with a new $5 billion 5-year Global benchmark bond, offering a 3.750% semi-annual coupon. This issuance, which brings EIB’s total USD issuance for the year to … Read the full press release

EIB Group Allocates Over €450 Million to Fortify Ukrainian Energy Infrastructure and Boost Business Support

(IN BRIEF) The European Investment Bank (EIB) Group has committed over €450 million to support Ukraine’s energy infrastructure ahead of the upcoming winter, including funding for the reconstruction of hydropower plants, electricity grid repairs, and district heating network restoration. Additionally, … 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

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

EIB Funds €1.2 Billion for Denmark’s Largest Wind Farm to Power Over a Million Homes

(IN BRIEF) The European Investment Bank (EIB) is providing a €1.2 billion loan to support the construction of the Thor wind farm in the Danish North Sea, developed by RWE. The 1.1 GW wind farm, consisting of 72 turbines, will … Read the full press release

European Investment Bank and Deutsche Kreditbank Strengthen 25-Year Collaboration with Renewables Initiative

(IN BRIEF) The European Investment Bank (EIB) and Deutsche Kreditbank (DKB) recently celebrated their 25-year partnership by signing a new agreement at DKB’s Berlin headquarters, aimed at supporting renewable energy projects for Small and Medium Enterprises (SMEs) in Germany. Under … Read the full press release

European Investment Bank President Addresses UN Financing for Development Forum

(IN BRIEF) Nadia Calviño, President of the European Investment Bank Group, participates in the 2024 Financing for Development Forum at the United Nations in New York. The forum, convened by the United Nations Economic and Social Council (ECOSOC), aims to … Read the full press release

European Investment Bank Signs €215 Million Loan Agreement with Andalusia for Regional Development Projects

(IN BRIEF) The European Investment Bank (EIB) has finalized a €215 million loan agreement with the regional government of Andalusia to co-finance social, green, and digital investment initiatives in the Spanish region. This funding, part of the EU operational programme … Read the full press release

EIB and Ukraine Forge Strategic Partnership for Reconstruction and Growth

(IN BRIEF) The European Investment Bank (EIB) and the Government of Ukraine have solidified a strategic collaboration to bolster Ukraine’s reconstruction, recovery, and integration with the EU. This partnership, marked by a new memorandum of understanding (MoU), pledges €560 million … Read the full press release

European Investment Bank Boosts Polish Economy with €600 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has agreed to extend a €600 million loan to the Republic of Poland, aiming to bolster the country’s economy through investments in digital and social development. EIB Vice-President Teresa Czerwińska highlighted the strategic … Read the full press release

European Investment Bank and Housing Finance Bank Collaborate to Boost Women Entrepreneurship in Uganda

(IN BRIEF) The European Investment Bank (EIB) and Uganda’s Housing Finance Bank (HFB) have joined forces to provide a €50 million investment aimed at supporting private sector entities, particularly SMEs, in Uganda. With a special focus on gender inclusion, at … Read the full press release

European Investment Bank Group Advisory Services to Address Affordable Housing Shortage in Czechia

(IN BRIEF) The European Investment Bank Group’s Advisory Services, in collaboration with the Czech Ministries of Finance and Regional Development, is set to tackle the housing shortage affecting approximately 270,000 people in Czechia. The partnership aims to develop a strategic … Read the full press release

EIB Successfully Prices $4 Billion 10-Year Bond, Demonstrating Strong Investor Confidence

(IN BRIEF) The European Investment Bank (EIB) has successfully priced its second USD benchmark of the year, issuing a new USD 4 billion 10-year Global Benchmark due February 13, 2034. The bond pays a semiannual coupon of 4.125% and has … Read the full press release

Sustainable Transportation Milestone: EIB Allocates €400 Million for Croatia’s Railways

(IN BRIEF) The European Investment Bank (EIB) has signed a €400 million contract with Croatia’s Ministry of Finance to support the country’s railway infrastructure and rolling stock upgrade. Part of a €900 million commitment, this financing aims to promote sustainable … Read the full press release

European Investment Bank Pours €1.26 Billion into Austria for Renewable Energy, Water Supply, and Housing Projects in 2023

(IN BRIEF) The European Investment Bank (EIB) Group in Austria has revealed its commitment to financing projects focused on renewable energies, water supply, and social housing in 2023, with a total investment of €1.26 billion. Despite an initial cautious approach … Read the full press release

Former Head of Dutch Representation in Brussels to Join EIB Management Committee

(IN BRIEF) Robert de Groot, the former head of the Dutch Permanent Representation in Brussels, has been appointed as the new Vice-President of the European Investment Bank (EIB). He will assume his role on February 1, 2024, succeeding outgoing Vice-President … Read the full press release

Pioneering Green Steel Project in Sweden Attracts Significant Investment from European Banks

(IN BRIEF) H2 Green Steel, a Swedish company, has secured significant financial support from the European Investment Bank (EIB) and the Nordic Investment Bank (NIB) for its pioneering green steel project in Northern Sweden. This project aims to revolutionize the … Read the full press release

European Investment Bank Subscribes €100 Million to Inaugural Green Social Bonds by in’li for Affordable Housing

(IN BRIEF) The European Investment Bank (EIB) has invested €100 million in the inaugural issue of green social bonds by in’li, a subsidiary of the Action Logement Group focused on affordable rental housing in Île-de-France. These funds will be dedicated … Read the full press release

EIB Supports Volvo’s €420 Million Initiative for Cutting-Edge Electric Vehicle Platform

(IN BRIEF) Volvo Car Corporation has secured a €420 million loan from the European Investment Bank (EIB) to support the development of an all-electric vehicle platform. This financing covers research and development, software development, and advanced manufacturing technologies for electric … Read the full press release

European Investment Bank and Bank of Georgia Partner to Boost Green Investments and SME Growth with €50 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has inked a €50 million loan agreement with the Bank of Georgia, aimed at supporting small and medium-sized enterprises (SMEs) and mid-cap companies, while also promoting sustainable economic recovery and growth. Notably, a … Read the full press release

European Investment Bank Commits €24.15 Million for Sustainable Development in Loures Municipality

(IN BRIEF) The European Investment Bank (EIB) and the municipality of Loures have entered into an agreement for the initial €24.15 million portion of a €100 million framework loan. This funding is earmarked to enhance the city’s services, improve living … Read the full press release

European Investment Bank Welcomes EU Accession Negotiations with Ukraine, Moldova, and Candidate Status for Georgia

(IN BRIEF) The European Investment Bank (EIB) applauds the European Council’s decision to initiate EU accession negotiations with Ukraine and Moldova, while also granting candidate country status to Georgia. EIB President Werner Hoyer emphasizes the positive impact of enlargement on … Read the full press release

European Investment Bank Provides €70 Million to Enhance Elderly Care Facilities of Vivium Zorggroep

(IN BRIEF) The European Investment Bank (EIB) has signed a €70 million loan agreement with Stichting Vivium Zorggroep to support the organization’s investment plans until 2030. Vivium plans to modernize its building management approach, adapt its facilities for new care … Read the full press release

Ukraine Receives €133 Million from European Investment Bank to Repair Damaged Hydro Power Plants

(IN BRIEF) The European Investment Bank (EIB) has disbursed €133 million to Ukraine for the Hydro Power Plants Rehabilitation Project, carried out by Ukrhydroenergo, the country’s largest hydropower generating company. This funding aims to support the restoration and repair of … Read the full press release

EU Finance Ministers Back Nadia Calviño as New President of European Investment Bank

(IN BRIEF) European Union finance ministers have given their unanimous support to Nadia Calviño’s candidacy for the presidency of the European Investment Bank (EIB) during discussions held at the EU Economic and Financial Affairs Council meeting in Brussels. Calviño, currently … Read the full press release

European Investment Bank Commits EUR 100 Million to Aqaba Amman Desalination and Water Conveyance Project in Jordan

(IN BRIEF) The European Investment Bank (EIB) has announced an additional EUR 100 million investment for the Aqaba Amman Desalination and Water Conveyance project in Jordan. This project aims to desalinate water from the Red Sea and transport it to … Read the full press release

FlagshipONE: Ørsted’s Carbon-Neutral Shipping Initiative Secures EU-Catalyst Partnership Support at COP28

(IN BRIEF) At COP28, Ørsted announced that its FlagshipONE project, Europe’s largest e-methanol plant, has received support from the EU-Catalyst Partnership, including the European Commission, Breakthrough Energy Catalyst, and the European Investment Bank. This partnership will aid in advancing carbon-neutral … Read the full press release

European Investment Bank and Investitionsbank des Landes Brandenburg Celebrate 30 Years of Successful Partnership

(IN BRIEF) The European Investment Bank (EIB) and the Investitionsbank des Landes Brandenburg (ILB) marked nearly three decades of collaboration at the EIB’s Berlin office. Since 1995, they have joined forces to finance various regional projects in the German state … Read the full press release

AFRY Advocates Collaborative Efforts for Ukraine’s Reconstruction at ReBuild Ukraine Conference

(IN BRIEF) Global engineering and advisory firm AFRY recently participated in the 3rd International exhibition and conference ReBuild Ukraine powered by Energy in Warsaw, Poland. During the event, AFRY emphasized the need for collaborative efforts across sectors to facilitate Ukraine’s … Read the full press release

European Investment Bank Launches Cairo Hub to Boost Cooperation in MENA Region

(IN BRIEF) The European Investment Bank (EIB) has officially opened its new regional hub in Cairo, Egypt, aimed at enhancing collaboration and partnerships with public and private entities across the Middle East and North Africa (MENA) region. The hub was … Read the full press release

European Investment Bank Anchors Portland Caribbean Fund III with $35 Million Investment

(IN BRIEF) The Portland Caribbean Fund III has achieved its first close, with the European Investment Bank (EIB) contributing $35 million as a cornerstone investor. This fund, targeting a total size of $350 million, aims to support promising small and … Read the full press release

European Investment Bank and Antibiotice Collaborate to Boost Medicine Production in Romania

(IN BRIEF) The European Investment Bank (EIB) and Romania’s leading pharmaceutical manufacturer, Antibiotice, have partnered to support the production of medicines in Romania. Through a €25 million loan agreement, the EIB will finance the construction of a modern production, packaging, … Read the full press release

EIB’s Continued Support: Veridos Matsoukis to Strengthen Greek Identity Document Manufacturing

(IN BRIEF) The European Investment Bank (EIB) and Veridos Matsoukis, a secure identity document printer, have agreed on a €10.5 million 10-year loan to expand Greece’s capacity to produce secure passports, identity cards, and official documents. This investment project, totaling … Read the full press release