Tag Archives: Karl Nehammer

Reykjavík Secures Major EIB Financing to Expand Geothermal Heat and Electricity Networks for Carbon Neutrality

(IN BRIEF) The European Investment Bank has signed a €100 million loan agreement with Orkuveitan to fund the expansion and renewal of electricity and geothermal heating networks in the Reykjavík metropolitan area. The project will help meet rising energy demand … Read the full press release

EIB backs Lithuania with €300 million to strengthen defence and reinforce EU security

(IN BRIEF) The European Investment Bank (EIB) has approved a €300 million loan to strengthen Lithuania’s defence infrastructure, marking over €1 billion in total EIB support to the country’s defence in 2025. The financing will fund key investments in logistics, … Read the full press release

EIF and HYPO NOE Partner to Empower Austria’s Energy Transition with New Sustainable Investment Programme

(IN BRIEF) The European Investment Fund (EIF) and HYPO NOE Landesbank für Niederösterreich und Wien have partnered under the InvestEU programme to provide up to €43 million in green financing for Austrian SMEs and small mid-caps. The initiative supports energy … Read the full press release

Overture Life Secures EIB Support to Boost Automation and Accessibility in Reproductive Healthcare

(IN BRIEF) The European Investment Bank (EIB) has provided a €20 million loan to Overture Life to develop automated and AI-driven technologies for in vitro fertilization (IVF) and egg freezing. The funding supports the company’s R&D, production expansion, and clinical … Read the full press release

EIB grants €100 million loan to Holmen to expand wind power and strengthen Sweden’s clean-energy transition

(IN BRIEF) The European Investment Bank is lending €100 million to Swedish forest-industry group Holmen to finance the expansion of its onshore wind projects in northern Sweden. The investment will increase renewable energy production to meet rising demand from energy-intensive … Read the full press release

EIB Provides €90 Million Loan to TVO for Safety and Modernization Upgrades at Finland’s Olkiluoto Nuclear Plant

(IN BRIEF) The European Investment Bank has approved a €90 million loan to Finland’s Teollisuuden Voima Oyj (TVO) to upgrade two reactor units at the Olkiluoto nuclear power plant. The financing will fund safety-critical updates, including control system modernization and … Read the full press release

EIB Backs Swedish Cleantech Firm Meva Energy in €40 Million Deal to Boost Renewable Industrial Energy Solutions

(IN BRIEF) The European Investment Bank (EIB) is lending €40 million to Sweden’s Meva Energy AB to accelerate the rollout of its modular, biomass-based gasification plants across Europe. The company’s innovative system converts agricultural and industrial biomass residues into renewable, … Read the full press release

Vilniaus vandenys Secures EIB Loan to Modernize Water and Wastewater Networks Across the Vilnius Region

(IN BRIEF) The European Investment Bank (EIB) is providing a €50 million loan to Vilniaus vandenys, Lithuania’s largest water utility, to upgrade and expand water and wastewater infrastructure in the Vilnius region. The project includes station upgrades, network extensions, and … Read the full press release

EIB and European Commission Support BioNTech’s First mRNA Vaccine Manufacturing Facility in Africa with up to €95 Million in Financing

(IN BRIEF) The European Investment Bank and European Commission are jointly supporting BioNTech’s mRNA manufacturing facility in Kigali, Rwanda, with up to €95 million in blended financing. The project aims to strengthen Africa’s capacity to produce vaccines locally for diseases … Read the full press release

Latvia and EIB Partner to Develop Military Base and Training Area under Potential Public-Private Partnership

(IN BRIEF) The European Investment Bank (EIB), the Latvian government, and the State Real Estate Agency (VNI) have signed an agreement to develop a new military base and training area in Selonia, along with a storage facility in Kuldīga. The … Read the full press release

Former Austrian Chancellor Karl Nehammer joins EIB Management Committee, succeeding Thomas Östros and reinforcing the Bank’s drive on EU policy priorities

(IN BRIEF) Karl Nehammer, Austria’s former Chancellor (2021–2025), has been appointed Vice-President of the European Investment Bank, joining its Management Committee on 1 September 2025. Nominated by Austria and approved by the 27 EU finance ministers, he replaces Sweden’s Thomas … Read the full press release