Tag Archives: European Investment Bank

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

European Investment Bank to Advise Bulgaria on Strengthening Development Financial Institutions

(IN BRIEF) The European Investment Bank (EIB) will provide advisory assistance to the Bulgarian Ministry of Innovation and Growth to enhance the effectiveness of the development financial institutions it supervises, with the aim of better supporting the Bulgarian economy. The … Read the full press release

In Ovo Secures €40 Million Loan from European Investment Bank to Scale Up Ella® Technology for Ethical Poultry Egg Production

(IN BRIEF) Dutch AgriTech company In Ovo has entered into a €40 million loan agreement with the European Investment Bank (EIB) to advance its proprietary Ella® technology. The technology enables the early identification of the sex of eggs through high-throughput … Read the full press release

Spanish SMEs Get Boost with EIB Group and ICO’s Sabadell ABS Investment

(IN BRIEF) The European Investment Bank (EIB) Group, along with the European Investment Fund (EIF) and Instituto de Crédito Oficial (ICO), has invested in asset-backed securities (ABS) issued by Sabadell Consumer Finance to support the financial needs of small and … Read the full press release

Sustainability at the Forefront: EIB and Crédit Agricole Italia Inject €400 Million into Business Expansion

(IN BRIEF) The European Investment Bank (EIB) and Crédit Agricole Italia have signed a €400 million agreement to support small and medium-sized enterprises (SMEs) and agricultural companies. A significant portion of this funding, over 25%, will be directed towards environmental … Read the full press release

European Investment Bank Invests €7.5 Million in Polish Furniture Innovator Tylko’s R&D

(IN BRIEF) The European Investment Bank (EIB) has entered into a financing agreement with Tylko, a pioneering Polish furniture company revolutionizing the industry. With a €7.5 million investment from the EIB, Tylko aims to enhance its research and development (R&D) … Read the full press release

European Investment Bank Extends €70 Million Loan to Bolster Armenian SMEs and Mid-Caps

(IN BRIEF) The European Investment Bank (EIB) is providing a loan of €70 million to the Central Bank of Armenia as part of the Armenian Economic Resilience Programme, backed by the European Fund for Sustainable Development Plus (EFSD+). This funding … Read the full press release

Joint Effort by EIB and Santander Portugal Aims to Fuel Investments in the Portuguese Economy

(IN BRIEF) Santander Portugal and the European Investment Bank (EIB) have signed an agreement to help Portuguese mid-cap companies access financing more easily in a challenging financial landscape marked by high interest rates and limited liquidity. Under the deal, EIB … Read the full press release

Winners of European Investment Bank’s Social Innovation Tournament Announced

(IN BRIEF) The European Investment Bank Institute recently unveiled the winners of this year’s Social Innovation Tournament (SIT) at a ceremony in Stockholm, celebrating European social entrepreneurs and their impactful products or services. The SIT, an annual event organized by … Read the full press release

European Property Developer CTP Invests €200 Million in Solar Expansion with EIB Backing

(IN BRIEF) CTP, Europe’s major industrial property developer, secures €200 million in financing from the European Investment Bank (EIB) to fund extensive solar panel installations across its European business parks. The funding aligns with the EIB’s REPowerEU initiative to reduce … Read the full press release

EIB and UN Agencies Team Up to Drive Climate and Social Projects Worldwide

(IN BRIEF) The European Investment Bank (EIB) and five United Nations (UN) institutions have signed an agreement to enhance their collaboration on projects aimed at achieving Sustainable Development Goals. This agreement allows the EIB to directly finance technical assistance and … Read the full press release

European Investment Bank Provides €15 Million Loan to CrowdFarming for Sustainable Agricultural Innovation

(IN BRIEF) The European Investment Bank (EIB) has signed a €15 million venture debt loan agreement with CrowdFarming, an online platform connecting European farmers directly with consumers. Supported by the InvestEU program, this financing will enable CrowdFarming to enhance its … Read the full press release

European Investment Bank Successfully Prices EUR 3 Billion EARN Benchmark Bond

(IN BRIEF) The European Investment Bank (EIB) has priced a new EUR 3 billion 5-year benchmark bond, known as EARN, with a maturity date of November 15, 2028. The bond carries an annual coupon of 3.000% and an issue price … Read the full press release

The European Investment Bank (EIB) Engages in 2023 Finance in Common Summit: Highlights of Participation

(IN BRIEF) The European Investment Bank (EIB) is set to join the 2023 Finance in Common Summit in Cartagena, Colombia, from September 4th to 6th. Key highlights include President Werner Hoyer’s address on Sustainable Development Goals, unveiling the EIB Climate … Read the full press release

EIB Group’s €360 Million ABS Investment to Drive Green Projects and Support Spanish Businesses

(IN BRIEF) The EIB Group, comprised of the European Investment Bank (EIB) and European Investment Fund (EIF), has invested €360 million in a new asset-backed securities (ABS) issuance with Banco Santander. The investment will support working capital and liquidity needs … Read the full press release

EIB Boosts Repsol’s Green Vision with €575 Million Loan for Spanish Renewables

(IN BRIEF) The European Investment Bank (EIB) has approved a €575 million loan to support Repsol’s wind and solar PV projects in Spain, with a total capacity of 1.1 GW. The first tranche of €400 million will accelerate the energy … Read the full press release

European Investment Bank and Bulgarian Development Bank Collaborate to Enhance SME Financing in Bulgaria

(IN BRIEF) The European Investment Bank (EIB) and Bulgarian Development Bank (BDB) have signed a €175 million loan agreement to improve access to finance for small and medium-sized enterprises (SMEs) and mid-caps in Bulgaria. The loan aims to support companies … Read the full press release

European Investment Bank Supports Equitable Growth with €28.4 Billion Financing in EU Cohesion Regions

(IN BRIEF) In 2022, the European Investment Bank (EIB) focused on promoting equitable growth and convergence of living standards by providing €28.4 billion in new financing for projects in EU cohesion regions. Poland was the largest beneficiary, receiving €24.8 billion, … Read the full press release

European Investment Bank Signs €300 Million Financing Agreement with Lithuania for Green and Digital Transitions

(IN BRIEF) The European Investment Bank (EIB) and the Republic of Lithuania have signed a €300 million financing agreement aimed at supporting long-term competitiveness, job creation, and the green and digital transitions in Lithuania. This loan is the first installment … Read the full press release

European Investment Bank Provides €50 Million Loan to Brainlab’s R&D Program for Medical Technologies

(IN BRIEF) The European Investment Bank (EIB) has signed a €50 million loan, guaranteed by the European Fund for Strategic Investments (EFSI), to co-finance Brainlab AG’s R&D program in 2023 and 2024. Brainlab, a Munich-based company, develops and distributes hardware … Read the full press release

European Union’s Global Gateway Initiative Supports Sustainable Projects in South America

(IN BRIEF) The European Investment Bank (EIB) has announced the signing of multiple loans during the European Union-Community of Latin American and Caribbean States (CELAC) Summit of Heads of State and Government. These loans will provide financing for climate action … Read the full press release

Improved Cross-Border Connections: European Commission and EIB Advocate European Track Gauge Implementation

(IN BRIEF) A study conducted by the European Commission and the European Investment Bank (EIB) suggests that implementing the European track gauge on lines to Lviv and Chișinău would be a crucial first step in enhancing connections between Poland and … Read the full press release

Netherlands-Based Rocsys BV Receives €18 Million Funding Boost from European Investment Bank

(IN BRIEF) Rocsys BV, a Netherlands-based provider of autonomous charging solutions for electric transport, has secured an €18 million investment deal with the European Investment Bank (EIB). The agreement, made possible through the InvestEU programme, aims to accelerate the development … Read the full press release

European Investment Fund Partners with EIB and ICO to Boost Spanish SMEs and Promote Green Projects

(IN BRIEF) The European Investment Fund (EIF), a part of the EIB Group, has joined forces with the European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) to invest in asset-backed securities (ABS) issued by BBVA. This collaborative … Read the full press release

Spanish SMEs to Benefit from EIB and ICO Investments in BBVA ABS, Focusing on Green Development

(IN BRIEF) The European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) have invested in asset-backed securities (ABS) issued by BBVA to support Spanish small and medium-sized enterprises (SMEs) and mid-caps. The investment aims to address working capital … Read the full press release

European Investment Bank Prices €5 Billion 10-Year EARN Benchmark Bond with Attractive Coupon Rate

(IN BRIEF) The European Investment Bank (EIB) has announced the successful pricing of a €5 billion 10-year EARN benchmark bond, set to mature on July 15th, 2033. The bond carries an annual coupon rate of 3.000% and was issued at … Read the full press release

Mexico and EIB Enhance Collaboration on Sustainable Financing for Development Projects

(IN BRIEF) The European Investment Bank (EIB) and the Ministry of Foreign Affairs in Mexico have signed a declaration of intent to strengthen their strategic partnership on financing sustainable development in Mexico. The agreement aims to provide appropriate and affordable … Read the full press release

EIB Secretary General Barbara Balke Receives Recognition as LGBTIQ Ally by LGBT Great

(IN BRIEF) Barbara Balke, Secretary General of the European Investment Bank (EIB), has been named one of the Top 50 Executive Allies by LGBT Great. The recognition honors leaders in finance and business who have used their influence to support … Read the full press release

EIB and BNG Bank Renew Partnership, Offering €600 Million in Favorable Financing for Dutch Public Sector

(IN BRIEF) The European Investment Bank (EIB) and BNG Bank have renewed their collaboration in the Netherlands with a new €300 million lending agreement. The loan aims to provide low-cost financing to Dutch public sector entities, particularly healthcare and educational … Read the full press release

EIB and Grupo Cooperativo Cajamar Boost Access to Finance for Spanish Rural Enterprises and Green Initiatives

(IN BRIEF) The European Investment Bank (EIB) and Grupo Cooperativo Cajamar have announced a partnership to provide €980 million in new financing to small and medium-sized enterprises (SMEs) and mid-caps in rural areas and green projects in Spain. The EIB … Read the full press release

EIB Survey Highlights Stability and Expansion Plans of Banking Groups in CESEE

(IN BRIEF) International banking groups maintain a strong presence in Central, Eastern, and South-Eastern Europe (CESEE) despite geopolitical challenges, according to a recent survey by the European Investment Bank (EIB). The survey indicates that parent banks in CESEE countries have … Read the full press release

EBRD and EIB’s Gjilan Wastewater Project in Kosovo Receives €2.5 Million Grant from WBIF

(IN BRIEF) The Gjilan wastewater development project in Kosovo, co-financed by the EBRD and EIB, has received a €2.5 million grant from bilateral donors through the WBIF. The funds will be used for constructing a wastewater treatment plant and extending … Read the full press release

Multilateral Development Banks Collaborate on Circular Economy Transition at WCEF 2023

(IN BRIEF) Multilateral Development Banks (MDBs) including the AfDB, EBRD, EIB, IDB, and World Bank met at the World Circular Economy Forum (WCEF) 2023 in Helsinki to discuss the circular economy for the first time. They emphasized the role of … Read the full press release