Archive | Source: European Investment Bank

Press Release: EIB approves EUR 6 billion backing for business, transport, health and housing investment

Hospital patients in France and the Netherlands, commuters in Poland, Spain, France and India, and energy consumers in Bulgaria, Greece and the Gambia will all benefit from investment in new projects approved by the European Investment Bank. At their monthly meeting in Luxembourg earlier today the Board of the European Investment Bank (EIB) agreed EUR 6 billion of new financing for business, transport, health and social housing investment across Europe and Africa.

Press Release: Low cost finance is key to energy saving upgrades in homes and business

The EIB-European Investment Advisory Hub, in conjunction with the European Commission, the SBCI and the government funded Sustainable Energy Authority of Ireland (SEAI), today hosted an event in Dublin examining how energy efficiency is financed in Europe. The Minister for Communications, Climate Action and the Environment, Richard Bruton T.D. attended the event which highlighted the importance of providing low cost finance options for homeowners and businesses if ambitious targets for energy saving are to be met.

Press release: EUR 25 billion and 240 projects in 25 years – EIB Group celebrates quarter of a century in the Czech Republic and presents findings of its investment survey

Since 1993 the EIB has lent EUR 24bn for 195 projects in the Czech Republic. Additionally, the European Investment Fund has approved 45 deals amounting to nearly EUR 1bn. Key findings of the 2018 EIB investment survey: investment back to pre-crisis levels; lack of skilled staff remains a pressing issue; only 6% of Czech firms invest in R&D; the labour market is getting tighter.

Press Release: Plan Juncker – La BEI soutient la rénovation énergétique des usines bretonnes de SOVIPOR-La Trinitaise avec Eiffel Investment Group

Eiffel Investment Group et CN Solutions, filiale du groupe Effy, ont présenté leur nouveau projet commun à l’occasion d’une rencontre sur le thème du financement de la transition énergétique, organisée avec la Banque Européenne d’Investissement et l’ADEME. Ce projet d’optimisation de la consommation énergétique de deux sites de production de l’entreprise SOVIPOR-La Trinitaise (groupe OLMIX), illustre la pertinence du modèle de financement innovant mis en œuvre par Eiffel Investment Group en faveur de l’efficacité énergétique.

What square financiers and circular economy businesses should understand about each other

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Press Release: Juncker Plan: EIB signs loan with Lar España to support urban regeneration

The European Investment Bank (EIB) is supporting the urban development of the Palmas Altas district of Seville by financing the construction of a new commercial centre involving the conversion of unoccupied land between the port and the A4 motorway that is frequently used for fly tipping into a new service area. The EU bank is granting a EUR 70 million loan to Lar España Real Estate, the company tasked with implementing the project. The finance agreement was signed today in Madrid by EIB Vice-President Emma Navarro and Lar España’s CEO José Luis del Valle in an operation backed by the Investment Plan for Europe, known as the “Juncker Plan”.

Press Release: EIB provides EUR 40 million to The Navigator Company to improve production and energy efficiency at Figueira da Foz pulp plant

The European Investment Bank (EIB) is lending EUR 40 million to The Navigator Company, a major Portuguese industrial group and Europe’s leading producer of uncoated woodfree paper, known for its Navigator brand of premium office paper. EIB Vice-President Emma Navarro and The Navigator Company CEO Diogo da Silveira signed the agreement in Lisbon.

Press Release: EIB celebrates social entrepreneur start-ups in Copenhagen

The 2018 edition of the Social Innovation Tournament (SIT), organised by the European Investment Bank Institute, has been won by Glowee from France, and Speak Social from Portugal. The competition designed to reward and promote innovative initiatives working to create societal and environmental impact, was held in Copenhagen at Matrikel.

Event: EIB Investment Conference (Sofia, 7 December 2018)

The European Investment Bank (EIB) is organising an investment conference in Sofia on the morning of 7 December 2018 to celebrate its 60th anniversary. The conference, entitled ‘EIB Investment Conference’, is part of a series of events across EU Member States to discuss the state of the EU economy. The EIB will present the results of its Investment Survey, followed by a panel discussion with representatives from the government, the private and the corporate sectors. The discussion amongst participants and speakers will focus on investment dynamics in Bulgaria, the allocation of capital, whether corporate investment needs are addressed efficiently and what incentives and obstacles investors in Bulgaria face.

Press Release: EU supports breakthrough wind energy technology in Portugal with EUR 60 million loan granted by the EIB under InnovFin to Windplus

Portuguese company Windplus will receive a EUR 60 million loan under the InnovFin Energy Demonstration Project programme to install a floating wind farm off the coast of Portugal.

Press Release: EIB and multi-donor fund E5P sign EUR 5.11m funding agreement to support Mykolayiv Vodokanal water project

The European Investment Bank (EIB) today signed with the multi-donor fund E5P and the Government of Ukraine a EUR 5.11m grant agreement to support the rehabilitation and modernisation of the water facilities of Mykolayiv Vodokanal, the municipal utility for water distribution and water treatment of the City of Mykolayiv. With 510,000 inhabitants, this is the ninth largest city in Ukraine.

Press Release: Lithuania’s energetic independence

Find out how a floating terminal makes Lithuania more independent of Russian gas supply:

  • Visit the offshore jetty and hear technicians describe the sometimes dangerous work they do
  • Learn how the European Investment Bank’s Lithuania gas investment makes the country’s energy supply more independent
  • Learn about the contribution to Lithuania’s economy

Event: Economists Advisory Group (Luxembourg, 28 November 2018 – 28 January 2019)

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Press Release: EIB reinforces its support to Egypt: EUR 214m to improve access to sanitation services in the Nile Delta

The European Investment Bank (EIB) has signed a Governmental Agreement with the Government of the Arab Republic of Egypt for an amount of EUR 214m to support the Kitchener Drain depollution project. The new financing is part of the EIB’s Economic Resilience Initiative (ERI) and will improve the sanitation and solid waste services for approximately 6 million people in the Nile delta region.

Press Release: First EIB loans to the Republic of Uzbekistan: support for water infrastructure and energy efficiency

A EUR 100m loan will finance water and wastewater projects within the framework of the EU‑sponsored Climate Action and Environment Facility. This operation will help Uzbekistan to better address its high external water resource dependency and the scarcity of locally available freshwater resources. Some 80% of the water used in Uzbekistan originates from neighbouring countries.

Press Release: Multilateral banks reaffirm pledge to support resilient, sustainable infrastructure

The heads of the leading multilateral development banks (MDBs) meeting at the Global Infrastructure Forum 2018 (GI Forum) today expressed their condolences following the tragic loss of lives and livelihoods in Sulawesi, Indonesia and reaffirmed their commitment to work together to deliver infrastructure that is resilient, inclusive, and sustainable.

Press Release: Multilateral Partnerships are the only way to tackle global challenges, says EU Bank President ahead of annual IMF/World Bank Group meetings

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European Investment Bank Statistical Report 2017

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Press Release: EIB to support EUR 300 million new Future Growth Loan Scheme

The Boards of the European Investment Bank and European Investment Fund have approved support for the Future Growth Loan Scheme, a new EUR 300 million lending program to support investment by Irish companies most exposed to Brexit related uncertainties.

Press Release: EIB approves EUR 6.6 billion support for innovation, clean energy and affordable housing

Spanish, Polish and Bulgarian commuters, residents of Warsaw, Vilnius and Turku, and students across France will benefit from new financing by the European Investment Bank.

Press Release: #InvestEU: Europe gets behind Northwester 2 Wind Park off Belgian coast

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Press Release: Belgique : avec la BEI et ELENA, le projet RenoWatt, l’énergie au service de l’emploi, s’ouvre à toute la Wallonie

Pour atteindre les objectifs européens et économiques, les collectivités locales ont leur rôle à jouer en matière d’efficacité énergétique (rénovation urbaine, mobilité, énergie biomasse, etc.). Le projet RenoWatt évolue dans ce sens et s’ouvre à toute la Wallonie, avec le soutien du programme européen ELENA et de la Banque européenne d’investissement. Explications.

Press Release: EIB commits EUR 400 million to cohesion projects in Hungary; signs two new deals under the Juncker Plan

The European Investment Bank (EIB) is showing its support for the Hungarian economy and for cohesion projects in Central and Eastern Europe. In Budapest today, EIB Vice-President Vázil Hudák signed four different loan agreements for a total amount of EUR 400 million and one advisory agreement. He also spoke at the Budapest Economic Forum.

Event: The EIB Copenhagen conference on circular economy (Copenhagen, 25 October 2018)

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