(IN BRIEF) The European Investment Bank and Spain’s Ministry of Economy, Trade and Business will provide €870 million in financing to Naturgy to strengthen, upgrade and digitalise its electricity distribution network in Spain. The package includes a €520 million loan … Read the full press release →
Posted in Banks, Business, Energy, Gas & Oil, Environment, European Union, Financial, Infrastructure & Utilities, Investment, Luxembourg, Spain, Technology
Tagged 000 kilometres of power lines, 116, 2, 300 kilometres of electricity networks, Andalusia, automation, Castile and León, Castilla-La Mancha, Climate Bank Roadmap, Cohesion Regions, DANA weather event, EIB, EIB and Spanish Ministry Back Naturgy Grid Investments Across Five Autonomous Communities, EIB Group, EIB Group Strategic Roadmap, Electricity distribution network, electricity grids, electricity storage, electrification, energy security, energy transition, European Investment Bank, Galicia, grid digitalisation, grid losses, grid resilience, interconnection with Europe, Madrid, Naturgy, Naturgy Secures €870 Million Financing Package to Reinforce and Digitalise Spanish Electricity Networks, NextGenerationEU, Regional Resilience Fund, Remote Control, renewable energy integration, REPowerEU, smart grids, Spain, Spain Recovery Transformation and Resilience Plan, Spain’s Ministry of Economy Trade and Business, underground infrastructure, €350 million EIB loan, €520 million loan, €870 million financing, €870 Million Financing to Support Renewable Integration and Grid Resilience in Spain
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