Tag Archives: REPowerEU

EIB Partners with Crédit Agricole to Deliver €100 Million in Green Loans to Polish Mid-Caps

(IN BRIEF) EIB has provided a €50 million green loan to Crédit Agricole Bank Polska, allowing the Polish subsidiary to issue up to €100 million in low-cost loans to mid-caps—especially in lower-income regions—for renewable-energy, electric-vehicle, and energy-efficiency projects. At least … Read the full press release

EIB Advances €50 Million for Iberdrola’s il·lumina to Rebuild Flood‑Damaged Valencia Grid

(IN BRIEF) The EIB has provided Iberdrola with two €25 million loans—half from its own funds and half via Spain’s Regional Resilience Fund—to back il·lumina, the utility’s project to reconstruct and future‑proof the Valencia distribution grid damaged in the 2024 floods. … Read the full press release

EIB Supports Snam with €264 Million Loan for Expanding Italy’s Biomethane Energy Infrastructure

(IN BRIEF) The European Investment Bank (EIB) has approved a €264 million loan to Snam to construct 240 km of new pipelines aimed at integrating biomethane production into Italy’s national gas transmission system. The initial €140 million tranche has been … Read the full press release

EIB grants €120 million to AGSM AIM to modernise Veneto power grids and support REPowerEU goals

(IN BRIEF) EIB and AGSM AIM signed a €120 million loan to strengthen and modernise electricity grids in Vicenza, Verona and Grezzana. Implemented by V-RETI S.p.A., the investment will enhance efficiency, resilience and sustainability, supporting EU decarbonisation, digitalisation and REPowerEU … Read the full press release

Bay of Biscay Subsea Link to Double Power Exchange Between Spain and France with €1.6 Billion EIB Backing

(IN BRIEF) The Bay of Biscay electricity interconnection will link Spain and France via a 400 km high-voltage DC submarine cable, boosting capacity from 2,800 to 5,000 MW and integrating the Iberian Peninsula into Europe’s power grid. Jointly implemented by … Read the full press release

EIB Provides €90 Million Loan to Bordeaux Métropole Énergies to Drive Green Transition in Gironde

(IN BRIEF) The European Investment Bank has provided a €90 million loan to Bordeaux Métropole Énergies to support its 2024-2028 strategic plan, focusing on renewable energy projects and energy-efficient building renovations. This funding will aid in the development of solar … Read the full press release

EIB Finalizes €405 Million Loan to Power Poland’s Energy Transition with Major Grid Upgrades

(IN BRIEF) The European Investment Bank has signed a loan agreement of 1.7 billion Polish zlotys (€405 million) with Orlen, which will finance major upgrades to Poland’s electricity network through its subsidiary, Energa Operator. This installment is the final tranche … Read the full press release

EIB Approves €2.4 Billion in Financing for Clean Energy, Infrastructure, and Global Connectivity Projects

(IN BRIEF) The European Investment Bank (EIB) has approved €2.4 billion in new financing to support a range of projects across Europe, including clean energy, transport, telecommunications, and flood protection. This includes significant funding to enhance hydrogen production, boost energy … Read the full press release

EBRD and Raiffeisen Bank Provide €110 Million for Major Solar Projects to Boost Romania’s Green Energy Expansion

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International have provided a €110 million financing package to build and operate two solar photovoltaic power plants in south-eastern Romania. These plants, with a combined capacity of … Read the full press release

REPowerEU Marks Second Anniversary with New Wind Energy Initiatives

(IN BRIEF) Today marks the second anniversary of REPowerEU, the European Union’s response to Russia’s energy threat following the invasion of Ukraine. REPowerEU has significantly accelerated the deployment of wind energy across Europe, increasing its share in the electricity mix … Read the full press release

EIB Provides €50 Million for Bocconi University Campus Upgrades and Decarbonization

(IN BRIEF) The European Investment Bank (EIB) has signed a €50 million loan agreement with Bocconi University in Milan to support the modernization and decarbonization of its campus facilities. This initial tranche of €30 million will fund the construction, renovation, … Read the full press release

EIB Provides €175 Million Loan to Valmet for Sustainable R&D in Pulp, Paper, and Energy Industries

(IN BRIEF) The European Investment Bank (EIB) has signed a €175 million loan agreement with Valmet, a Finnish technology and services provider for the pulp, paper, and energy sectors. This financing will support Valmet’s research, development, and innovation activities, aiming … 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 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

European Investment Bank and Iberdrola to Drive Energy Transition with €1 Billion Agreement

(IN BRIEF) The European Investment Bank (EIB) and Iberdrola have signed a €1 billion financing agreement to accelerate the energy transition in Europe. The partnership aims to develop 19 solar power plants and 3 onshore wind farms in Spain, Portugal, … Read the full press release

European Investment Bank approves €6.6bn for sustainable transport, clean energy, corporate innovation and education

(IN BRIEF) The European Investment Bank (EIB) has approved €6.6 billion of new financing to support sustainable transport, clean energy, corporate innovation, and education investment worldwide. The EIB Board of Directors also adopted a mid-term review of the EIB’s Energy … Read the full press release

El BEI concede un préstamo verde de 55 millones de euros para el parque eólico Buniel de 100 MW de Iberdrola en España

(NOTICIA EN BREVE) El Banco Europeo de Inversiones (BEI) ha concedido un préstamo verde de 55 millones de euros a una joint venture entre Iberdrola y Caja Rural de Soria para construir el parque eólico Buniel en Burgos, España. El … Read the full press release

EIB Provides €55m Green Loan for Iberdrola’s 100 MW Buniel Wind Farm in Spain

(IN BRIEF) The European Investment Bank (EIB) has granted a €55 million green loan to a joint venture between Iberdrola and Caja Rural de Soria to build the Buniel wind farm in Burgos, Spain. The wind farm will have an … Read the full press release

BEI e FEI sostengono lo sviluppo regionale e l’innovazione sostenibile nella Repubblica Ceca con un investimento di 1,85 miliardi di euro nel 2022

(NOTIZIA IN BREVE) Il gruppo della Banca europea per gli investimenti, composto dalla Banca europea per gli investimenti e dal Fondo europeo per gli investimenti, ha investito 1,85 miliardi di euro nella Repubblica ceca nel 2022 per sostenere lo sviluppo … Read the full press release

EIB and EIF support regional development and sustainable innovation in Czech Republic with €1.85B investment in 2022

(IN BRIEF) The European Investment Bank Group, consisting of the European Investment Bank and the European Investment Fund, invested €1.85 billion in the Czech Republic in 2022 to support regional development, improve sustainable development and innovation in small and medium … Read the full press release