Tag Archives: The European Investment Bank

Italy’s Motorway Network Set for Green Transformation with EIB’s €1.2 Billion Investment

(IN BRIEF) The European Investment Bank (EIB) has allocated a €1.2 billion loan to Autostrade per l’Italia SpA (ASPI) for the modernization of approximately 3,000 kilometers of motorways in Italy. This investment, supported by the EIB’s Climate Bank Roadmap and … Read the full press release

EIB Commits €110 Million to Transform Finnish Vocational Training Facilities

(IN BRIEF) The European Investment Bank (EIB) has signed a €110 million loan agreement with KOy Helsingin Toimitilat to support Finnish vocational training provider Stadin AO. The funding will be used to construct two modern campus buildings in Myllypuro and … Read the full press release

EIB Global Unveils Pioneering Climate Initiatives at COP28 in Dubai

(IN BRIEF) In a significant announcement at the United Nations Climate Change Conference (COP28) in Dubai, the European Investment Bank (EIB) revealed its pioneering approach to a just transition and just resilience on a global scale. The EIB Group introduced … Read the full press release

EIB Commits €150 Million Loan to Deploy Smart Meters for Greece’s Energy Modernization

(IN BRIEF) The European Investment Bank (EIB) has signed a €150 million 15-year loan agreement with the Hellenic Electricity Distribution Network Operator (HEDNO) to support the deployment of electricity smart meters across Greece. This initiative aims to enhance the efficiency … Read the full press release

EIB Backs Polish company SDS Optic Inc. with €10 Million Investment in Cutting-Edge Cancer Detection Tech

(IN BRIEF) The European Investment Bank (EIB) has signed a €10 million loan agreement with Polish company SDS Optic Inc. to support the development and commercialization of their innovative cancer detection technology platform, inPROBE®. SDS Optic specializes in diagnostic and … Read the full press release

Deutsche Bahn Secures €2 Billion Financing from EIB and HypoVereinsbank for Munich S-Bahn Expansion

(IN BRIEF) The European Investment Bank (EIB) and UniCredit’s HypoVereinsbank are jointly providing credit lines exceeding €2 billion to support Deutsche Bahn in acquiring 90 new trains for the Munich S-Bahn. The financing is channeled through Bayerische Eisenbahngesellschaft (BEG) on … Read the full press release

Italian A32 Motorway Gets €247 Million Boost from EIB and Partners

(IN BRIEF) European Investment Bank (EIB), Cassa Depositi e Prestiti (CDP), UniCredit, SACE, and Società Italiana per il Traforo Autostradale del Frejus S.p.A (SITAF) have agreed to provide €247 million for the modernization and safety improvement of the A32 motorway … 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 Grants €6.7 Million to Support Ukrainian Railways Amidst War

(IN BRIEF) The European Investment Bank (EIB) has signed a €6.7 million EU grant agreement with JSC Ukrainian Railways (Ukrzaliznytsia) to support the railway company during Russia’s war against Ukraine. The grant will address the immediate needs of Ukrzaliznytsia as … Read the full press release

Austrian microelectronics firm AT&S secures €250m funding from European Investment Bank

(IN BRIEF) The European Investment Bank (EIB) is providing a €250 million loan to Austria Technologie & Systemtechnik (AT&S), a microelectronics specialist. The loan will support AT&S’s research and development activities and the construction of a new research center in … Read the full press release

EIB supports Italy’s digital ambitions with €360m loan to TIM for 5G expansion

(IN BRIEF) The European Investment Bank (EIB) has provided a €360 million loan to TIM, an Italian telecommunications company, to support the expansion of 5G coverage across Italy by the end of 2025 using the 700 MHz bands. The loan, … Read the full press release

Civil society groups and EIB leadership discuss high-impact investments for sustainable development goals

(IN BRIEF) The European Investment Bank held a meeting at its headquarters in Luxembourg with representatives of civil society groups to discuss how the bank can respond better to global challenges including climate change, environmental degradation, poverty, and conflicts. The … Read the full press release

CIIP receives €50m funding from EIB to enhance water services in Marche, Italy

(IN BRIEF) The European Investment Bank (EIB) has granted €50 million to CIIP, the integrated water services provider in the provinces of Ascoli Piceno and Fermo, to improve water and wastewater services in Marche, benefiting over 414,000 people. The funding … Read the full press release

EIB and Aquafin sign €200m deal to finance climate adaptation and mitigation in Flanders

(IN BRIEF) The European Investment Bank (EIB) and wastewater treatment company Aquafin have signed a €200 million financing contract to support 150 climate change mitigation and adaptation projects in Flanders. The funding will support the separation of stormwater and wastewater, … Read the full press release

EIB Partners with Maspex Group for Upgrades to Production Facilities in Poland and Romania

(IN BRIEF) The European Investment Bank (EIB) has announced a €104 million financing agreement with Maspex Group, a leading producer of food and beverages in Central and South-Eastern Europe. The funds will be used to upgrade and modernize production facilities … Read the full press release

Smart Reporting’s AI-based Medical Documentation Technology Receives €15M Venture Debt Loan from European Investment Bank to Boost Growth

(IN BRIEF) Smart Reporting, a health-tech start-up based in Munich, has secured a €15 million venture debt loan from the European Investment Bank (EIB) to support its growth phase. The company has developed medical documentation technology based on artificial intelligence … Read the full press release

Recycling and Energy Efficiency Measures Top Climate Mitigation Actions by EU Firms, Says EIB Report

(IN BRIEF) The European Investment Bank (EIB) has released its Climate Investment Report for 2022-23 (EIBIS Climate), which shows that the share of European firms investing in climate has increased by 10 percentage points in the last year, reaching an … Read the full press release

illimity Bank’s digital arm b-ilty to provide funding for Italian SMEs in new EIB deal

(IN BRIEF) The European Investment Bank (EIB) has signed a €200m deal with illimity Bank to provide funding to small and medium-sized enterprises (SMEs) in Italy. The two banks will mobilize €100m each in 2023 to ensure that SMEs have … Read the full press release

EIB und Gewobag bauen über 2.000 bezahlbare Wohnungen in Berlin

(IN KÜRZE) Gewobag, ein landeseigenes Wohnungsunternehmen in Berlin, hat sich von der Europäischen Investitionsbank (EIB) ein Darlehen in Höhe von 300 Millionen Euro gesichert, um bis 2026 über 2.165 neue Wohnungen zu bauen. Die Finanzierung wird auch dazu beitragen, 350 … Read the full press release

EIB and Gewobag to Build Over 2,000 Affordable Flats in Berlin

(IN BRIEF) Gewobag, a state-owned housing company in Berlin, has secured a €300 million loan from the European Investment Bank (EIB) to build over 2,165 new flats by 2026. The funding will also help establish 350 positions at childcare centers … Read the full press release