Tag Archives: Ioannis Tsakiris

EU and EIB boost Central America’s clean energy transition with €1 billion funding under Global Gateway plan

(IN BRIEF) EIB Global has unveiled a €1 billion financing package to advance renewable energy generation and integrate national electricity grids across six Central American nations—Costa Rica, Panama, Honduras, Guatemala, El Salvador, and Belize—under the EU Global Gateway Investment Agenda. … Read the full press release

Barcelona and the EIB Strengthen Partnership to Expand Sustainable Public Housing and Support Vulnerable Residents

(IN BRIEF) The European Investment Bank and the Barcelona City Council have signed a €113 million agreement to develop nine social housing projects that will deliver 640 new homes for around 2,040 people between 2026 and 2030. The initiative—part of … Read the full press release

European Investment Bank Launches Advisory Initiative to Scale Up Sustainable District Heating Across Ireland

(IN BRIEF) The European Investment Bank (EIB) has launched an advisory initiative to help Ireland scale up district heating, supporting national efforts to decarbonise heating and lower energy costs. Working with the Sustainable Energy Authority of Ireland (SEAI) and the … Read the full press release

European Investment Bank backs Ireland’s housing strategy with major €400 million facility

(IN BRIEF) The European Investment Bank (EIB) and the Housing Finance Agency (HFA) have announced a €400 million loan facility to boost the delivery of social and affordable homes across Ireland. The partnership enables 40-year fixed-rate financing for Local Authorities … Read the full press release

Patria Bank Secures Second EIB Loan to Expand Credit Access and Promote Sustainable Growth in Romania

(IN BRIEF) The European Investment Bank (EIB) has granted a €25 million loan to Romania’s Patria Bank SA to expand financing for small and medium-sized enterprises (SMEs) and Mid-Cap companies, especially in less-developed regions. A fifth of the funds will … Read the full press release

Costa Rica’s First Electric Train Secures EIB, CABEI and Green Climate Fund Financing to Drive Sustainable Urban Mobility

(IN BRIEF) The European Investment Bank (EIB), through EIB Global, has signed a $250 million loan to support Costa Rica’s first electric train project — the country’s first EIB-financed operation in over ten years. Co-funded with the Central American Bank … Read the full press release

EIB and Portugal sign first tranche of €1.34 billion framework loan to expand affordable and sustainable housing

(IN BRIEF) Portugal and the European Investment Bank have signed a €450 million tranche of a €1.34 billion loan to finance the construction and renovation of around 12,000 affordable rental homes across the country. The programme, part of Portugal’s National … Read the full press release

Landmark €500 Million Green Bond Issuance by Electrica Attracts EIB Support and Oversubscribes Tenfold

(IN BRIEF) Electrica has issued Romania’s first corporate green bond, raising €500 million with strong oversubscription—demand was more than ten times the supply. The bond, backed by investors including the EIB, will be listed in Luxembourg and Bucharest. Funds will support … 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

IO Biotech Secures €57.5M EIB Venture Debt to Advance Breakthrough Cancer Vaccine

(IN BRIEF) IO Biotech, a Danish med-tech company, has obtained €57.5 million in venture debt financing from the European Investment Bank, with backing from the European Commission’s InvestEU programme. The financing, structured in three committed tranches of up to €37.5 … Read the full press release

EIB Supports €200 Million Loan to Delgaz Grid for Electricity Network Upgrades in Romania

(IN BRIEF) The European Investment Bank (EIB) is lending €200 million to Romanian energy distributor Delgaz Grid to modernize the electricity network in Moldova’s northeastern region. This funding, part of a €630 million investment program, will enhance energy efficiency, support … Read the full press release

EIB Global and Enel Colombia Partner to Boost Renewable Energy and Grid Infrastructure with $300 Million Loan

(IN BRIEF) EIB Global, a division of the European Investment Bank, has provided Enel Colombia with a $300 million loan to support the development of renewable energy projects and upgrades to the company’s power distribution infrastructure. This loan, backed by … Read the full press release

EIB and ESB Partnership Drives Success of Ireland’s Smart Metering Programme

(IN BRIEF) EIB Vice President Ioannis Tsakiris praised the collaboration between the European Investment Bank (EIB) and ESB in supporting Ireland’s National Smart Metering Programme. Backed by €450 million in EIB funding, the initiative aims to help 2 million Irish … Read the full press release

MATR Foods Secures €20 Million EIB Loan to Boost Plant-Based Meat Production

(IN BRIEF) Danish foodtech start-up MATR Foods has received a €20 million loan from the European Investment Bank (EIB) to expand its production of plant-based meat alternatives. Backed by the European Commission’s InvestEU initiative, the funding will help MATR build … Read the full press release

EIB Vice President Celebrates 35-Year Partnership with UCD, Highlighting Campus Transformation

(IN BRIEF) European Investment Bank (EIB) Vice President Ioannis Tsakiris visited University College Dublin (UCD) to celebrate a 35-year partnership that has contributed €453 million towards transforming the university’s academic, scientific, and residential infrastructure. UCD President Professor Orla Feely acknowledged … Read the full press release

Ireland and EIB Collaborate to Advance Offshore Wind Port Infrastructure

(IN BRIEF) The Irish Department of Transport and the European Investment Bank (EIB) have announced a partnership to develop port infrastructure critical for supporting offshore wind projects in Irish waters. The collaboration, led by Minister Eamon Ryan and EIB Vice … Read the full press release

EIB Vice President’s Visit to Ireland Focuses on Social Housing and Green Investment

(IN BRIEF) EIB Vice President Ioannis Tsakiris visited Ireland to discuss key investment priorities with Finance Minister Jack Chambers, focusing on social housing, energy efficiency, and innovation. They reviewed the impact of the €1.6 billion EIB investment from 2023 and … Read the full press release

EIB Grants €390 Million to DEPA Commercial for Large-Scale Solar Projects in Greece

(IN BRIEF) The European Investment Bank (EIB) has provided a €390 million loan to Greek energy supplier DEPA Commercial SA to build and operate solar-energy farms in Greece. This loan supports DEPA’s €500 million renewable energy investment plans, with new … 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

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