(IN BRIEF) The European Investment Bank and Crédit Agricole CIB have signed a major risk-sharing agreement to boost wind energy investment across the European Union. The EIB will provide a €500 million counter-guarantee that will enable Crédit Agricole CIB to … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Infrastructure & Utilities, Investment, Luxembourg, News, Small Business
Tagged 32 GW wind capacity, Ambroise Fayolle, clean energy investment, Crédit Agricole CIB, EIB, energy resilience, EU renewable targets, European Investment Bank, European Wind Power Package, green transition, InvestEU, Jean François Balaÿ, New EIB–Crédit Agricole CIB Partnership Strengthens Financing Capacity for European Wind Projects and Supports Green Transition, strategic autonomy, wind energy financing, wind sector growth, €1 billion bank guarantees, €500 million counter guarantee, €8 billion investments
(IN BRIEF) BNP Paribas and the European Investment Bank (EIB) have announced a partnership to inject up to €8 billion into the European wind energy sector. With a €500 million counter-guarantee from the EIB, BNP Paribas will back wind farm … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Alain Papiasse, Ambroise Fayolle, BNP Paribas, corporate banking, EIB, Energy Independence, energy transition, EU, EU renewable energy targets, European Investment Bank, European Wind Power Package, grid interconnections, industrial competitiveness, INNOVATION, InvestEU, investments, low-carbon economic model, low-carbon energy, net-zero emissions, partnership, renewable energy, supply chain efficiency, sustainability, sustainable energy, wind energy, wind farms, Yannick Jung, €8 billion
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