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European investment bank
Costa Rica
‘Train of Progress’: EU Co-Funds Costa Rica’s First Electric Railway
Costa Rica is set to build its first electric railway, supported by a $250 million loan from the EU’s European Investment Bank (EIB). The 51-kilometre com…
Power Construction
EDF Enters €1BN Loan Deal With Eib to Enhance French Electricity Grid
French utility EDF, which manages about 95% of the country’s electricity distribution through its subsidiary Enedis, has secured a €1 billion ($1.17 …
Portugal
Starting Pistol Fired for Portugal’s First High-Speed Railway
The European Investment Bank (EIB) has released an initial €875 million loan to launch Portugal’s first high-speed railway, connecting Porto and Lisb…
Pumped Storage
EIB and Iberdrola Sign €108 Million in Loans for Valdecañas Pumped Storage Project
The European Investment Bank (EIB) has provided €108 million in green loans to Iberdrola for upgrades at the Valdecañas pumped storage hydroelectric…
Hydropower Plant
EIB Supports Ebensee Hydropower Expansion in Upper Austria
The European Investment Bank (EIB) is providing a €320 million loan for the construction of the Ebensee pumped storage power plant in Upper Austria. Energi…
Uranium Project
EU Funding for French Enrichment Plant Expansion
The European Investment Bank and Orano have signed a loan agreement for EUR400 million (USD434 million) to partly fund the project to extend the Georges Besse I…
Hydrogen Production
Portugal: EIB Finances Galp’s Renewable Hydrogen and Biofuels Projects in Sines With €430 Million
The European Investment Bank (EIB) has granted a €430 million loan for the construction of two key projects aimed at transforming Galp’s Sines Refine…
Renewable Energy
EIB Signs €100 Million Green Loan With Iberdrola
The European Investment Bank (EIB) and Iberdrola, backed by SACE’s Archimede Guarantee, have signed a new €100 million green loan agreement to build …
Energy Investment
The EU Wind Power Gets €5 Billion EIB Investment Support
The European Investment Bank (EIB) is starting a €5 billion program to help European companies that make wind energy equipment by giving Deutsche Bank AG i…
Wind Power Project
EIB Backs 1,440 MW Polish Offshore Wind Projects
On 6 November, the European Investment Bank (EIB) approved the financing for the Bałtyk 2 and Bałtyk 3 offshore wind projects in Poland, being developed by Po…
Renewable Energy
European, Southern African Development Banks to Lend Extra $220 Mln to Clean Energy Projects
Wind turbines produce renewable energy outside Caledon, South Africa, May 20, 2020. Picture taken May 20, 2020. REUTERS/Mike Hutchings/File Photo Purchase Licen…
Offshore Wind Power
Morocco Eyes Development of Its First Offshore Wind Project off Atlantic Coast
The European Investment Bank (EIB) has issued a tender notice for technical assistance to conduct a feasibility study in an area off Morocco’s Atlantic co…
Offshore Wind Power
EIB Loans Haizea Wind Group €35M for Advanced Wind Manufacturing
Image credit: Haizea Wind GroupThe European Investment Bank (EIB) and Haizea Wind Group, a Spanish company specialising in the manufacture of components for the…
Wind Turbine
Spain’s Haizea Gets Eur 35 Million Green Loan for Wind Turbine Manufacturing
Spain’s Haizea Wind Group has secured a EUR 35 million green loan from the European Investment Bank (EIB) to enhance manufacturing technologies and resear…
Wind Turbine
EIB Provide a €500MN Counter-Guarantee to Deutsche Bank Aimed at Boosting Europe’s Wind Turbine Manufacturing Industry
The European Investment Bank (EIB) has announced it will provide a €500mn counter-guarantee to Deutsche Bank aimed at boosting Europe’s wind turbine …
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