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European investment bank
Smart Grid
Lithuania’s Ignitis Grupė Secures €110 Million Loan for Smart Meters and IT
In Lithuania, energy company Ignitis Grupė has secured a €110 million loan from the European Investment Bank to support its smart metering systems and IT solu…
Wind Farm
EIB and UniCredit Bank to Finance 143MW Wind Farm in Austria
The European Investment Bank and UniCredit Bank Austria have agreed to finance the development of a 143MW wind farm.
Electric Vehicle Charging
Turbocharging the Expansion of the Spanish EV Charging Grid
The European Investment Bank and Endesa are collaborating to expand the EV charging grid and electric mobility in Spain.
Thermal Plant
Greece to Phase-Out Lignite Power Generation by 2023 with EIB Loan
The European Investment Bank has issued €125 million ($146.3 million) loan for the development of a new power generation plant in Greece.
Gas power plant
European Investment Bank Supports Gas-fired Power Plant in Greece
The European Investment Bank has agreed to provide a loan to Mytilineos for the construction of an 826MW combined-cycle gas turbine power plant in Greece.
Energy Investment
Spain's Cabrera Solar Project Receives EIB Investment
The European Investment Bank has decided to invest €43.5m in Cabrera Solar Project in Andalusia, Spain.
Energy Storage Project
UK and Mainland Europe Battery Gigafactory Plans Boosted
The European Union's European Investment Bank has affirmed its commitment to supporting a “pan-European battery industry”, while plans of the UK's first full …
Energy Investment
EIB to Support Development of 66 Solar PV Plants in Poland
The European Investment Bank has agreed to provide a loan to the Poland-based company Energy Solar Projekty for the construction and operation of 66 small-scale…
Energy Storage Battery
EIB Reaffirms Commitment to European Battery Industry and Energy Transition
At a meeting of the European Battery Alliance on Tuesday 19 May, European Investment Bank Vice-President Andrew McDowell, confirmed the Bank's commitment to sup…
Energy Transition
EU Bank Ends Fossil Fuel Lending in World-First for Climate
The European Investment Bank (EIB) today became the world's first public lender to commit to ending funding for coal, oil and gas.
Electricity Transmission
EIB Offers €100m Loan to Support Finland’s Elenia Electricity Network
The European Investment Bank (EIB) has agreed to provide a loan of €100m to Finnish electricity distribution system operator (DSO) Elenia.
Latvia Aims for Energy Efficiency
The European Investment Bank (EIB) has signed an agreement with ALTUM – a Latvian state-owned development finance institutions that provides funding for a wide…
Power Construction
TenneT Inks €250m Dutch Grid Deal with EIB
TenneT has signed a €250m loan agreement with the European Investment Bank to fund a key onshore grid project that will enable the transmission of increasing a…
147-MW Ruzizi III Hydropower Project in Africa gets EIB Backup
The European Investment Bank (EIB) is providing €9 million (US$9.8 million) to support the implementation of the 147-MW Ruzizi III hydropower project, which wi…
Power Construction
EIB Approves €255m Loan for Greek Electricity Network Upgrade
The European Investment Bank (EIB) has approved a loan of €255m for a Greek electricity distribution network upgrade.
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