The European Investment Bank (EIB) has granted Nortegas Group a framework financing of up to €80 million to enable group subsidiary Nortegas Renovables to finance the construction of biomethane plants in Spain and launch a digital operations centre. The EIB and InvestEU-financed project will enable the development of the first phase of Nortegas Renovables’ strategic plan, […]
The European Investment Bank Group (EIBG) signed its first synthetic securitization transaction backed by solar panel loans to private individuals in Poland with Inbank, an Estonian financial technology company with an EU banking license. The transaction, which is also Inbank’s first securitisation, will allow the bank to offer up to PLN 701 million (over €160 […]
The European Investment Bank (EIB) and Elia Transmission Belgium (ETB) have signed a €650 million green credit facility agreement, further broadening ETB’s financing portfolio and advancing Europe’s transition from fossil fuels to green energy. The proceeds are earmarked for the realisation of the first phase of the Princess Elisabeth Island project. The Belgian energy island […]
The European Investment Bank (EIB) and Intesa Sanpaolo have agreed on a new initiative with the potential to unlock investment of up to €8 billion for the European wind industry. It forms part of the EIB’s €5 billion wind power package, an investment plan announced by the EU bank at COP28 in Dubai and activated in July, […]
Romania received the approval for a financing worth 200 million euros from the European Investment Bank (EIB), money that will be used for the modernization of the electricity distribution network, according to a press release of the financial institution , sent to Agerpres on Thursday. “On its way to energy independence, Romania has a huge […]
The European Investment Bank (EIB) and Matrix Renewables have signed a €50 million green loan to support the design, construction, and operation of 5 solar photovoltaic plants with an installed capacity of 240 MW located in the regions of Castilla y Leon and Extremadura in Spain. Matrix Renewables is an Independent Power Producer (IPP) backed […]
The European Investment Bank (EIB) and Haizea Wind Group, a Spanish company specialising in the manufacture of components for the wind energy sector, have signed a €35 million green loan. The loan will enable Haizea to implement advanced manufacturing technologies, automate and digitalise processes and move forward with research and development applied to the manufacture and […]
The European Investment Bank (EIB) is lending Nokian Tyres €150 million for the construction in Romania of the world’s first plant for producing passenger car tyres without emitting carbon dioxide (CO2). The credit to Finland-based Nokian Tyres is for a state-of-the-art factory in the northwestern Romanian city of Oradea. The support highlights the EIB’s commitment […]
The European Investment Bank (EIB) is activating a €5 billion initiative to support manufacturers of wind-energy equipment in Europe by extending a €500 million counter-guarantee to Germany-based Deutsche Bank AG. The transaction will enable Deutsche Bank to set up a portfolio of up to €1 billion of banking guarantees for new investment in wind farms […]
Assessing people’s knowledge of climate change The fight against climate change requires collective action — from governments, institutions, businesses and individuals. A good understanding of the climate challenge is essential for people to make informed choices. To assess the public’s understanding of climate change, the sixth edition of the EIB Climate Survey focuses on people’s […]
The fight against climate change requires collective action — from governments, institutions, businesses and individuals. A good understanding of the climate challenge is essential for people to make informed choices. To assess the public’s understanding of climate change in Romania, the sixth edition of the EIB Climate Survey focuses on people’s knowledge of climate change […]
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