Archive | Source: European Investment Bank

Press Release: Eswatini farmers to get improved access to water with EIB support

During a public ceremony in Mbabane a EUR 36.4 loan agreement was signed between the European Investment Bank and the Ministry of Finance of Eswatini, in support of phase two of the Lower Usuthu Smallholder Irrigation Project (LUSIP II) being developed by the Swaziland Water and Agricultural Development Enterprise (SWADE). 

Press Release: EIB approves EUR 12.6 billion for small business, transport, energy and urban investment

The European Investment Bank approved a total of EUR 12.6 billion of new financing for 83 projects located across Europe, Asia, Latin America and Africa. This represents a record level of new support ever agreed at a monthly meeting of the EIB Board of Directors.

Press release: EIB loans SEK 3bn to Hemsö for energy efficient social infrastructure

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Press release: Climate action in Latin America: EIB and FONPLATA sign agreement to invest USD 120m in urban and rural development projects

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Press Release: Investment Plan for Europe: EIB supports Grupo Antolin’s innovation investments with a EUR 100m loan

The European Investment Bank (EIB) has signed a EUR 100m loan with Grupo Antolin to finance its RDI strategy. The EIB support will enable the multinational company to develop innovative solutions for automotive interiors giving it a competitive edge and helping to design safer vehicles that are also more comfortable, environmentally friendly and technologically advanced.

Sustainable development: EIB hosts ALIDE in meeting to strengthen cooperation with financial institutions of Latin America and Caribbean

Today in Luxembourg, the European Investment Bank (EIB) is hosting the Asociación Latinoamericana de Instituciones Financieras para el Desarrollo (ALIDE), the international organisation representing development banking in Latin America and the Caribbean.

Press Release: EUR 50m EIB support to Amundi Energy Transition

Amundi Energy Transition (AET), the joint venture between Amundi (60%) and EDF (40%) announces that, after only one year of marketing*, it has raised more than EUR 500 million in equity capital from institutional investors to finance projects for energy transition among French regions and industries. The European Investment Bank for an amount of 50 million euros and Crédit Agricole Assurances are the leading investors.

Press Release: Finance Ministers welcome EIB success tackling EU investment gap

European finance ministers today highlighted the European Investment Bank’s crucial role strengthening innovation, cohesion, convergence and climate action. At the Annual Meeting of the EIB Board of Governors in Luxembourg, ministers welcomed the EU Bank’s crucial countercyclical activities following the economic crisis, delivering increased support under the Investment Plan for Europe and for public and private investment around the world.

Press Release: Financing Europe’s Digital Transformation: Unlocking the value of photonics and micro-electronics

A new report prepared by the joint European Commission–European Investment Bank (EIB) InnovFin Advisory finds that companies in the photonic and micro-electronic sectors do not have access to financing when they most need it: in their early-stage and growth-stage money is rarely available to bring new technological applications to the market.

Press Release: EIB backs EUR 80m Port of Cork container terminal development

The Cork Container Terminal will initially offer a 360 metre quay with 13 metre depth alongside and will enable larger ships to berth in Ringaskiddy. The development also includes the construction of a 13.5 hectare terminal and associated buildings as well as two ship to shore gantry cranes and container handling equipment.

Press Release: EIB approves EUR 4.4 billion for small business, social housing, transport and energy investment

Meeting in Luxembourg today the Board of the European Investment Bank approved a total of EUR 4.4 billion of new financing for 30 projects located across Europe, Asia and Africa. This includes financing to roll-out ultra-high speed internet across Germany, upgrade the Cairo metro, expand and rehabilitate forests in China, and improve access to off-grid solar power in Africa.

Press Release: Belgium: more green electricity in Hainaut thanks to new wind farm ‘Moulins Saint-Roch’ financed by the EIB and Belfius

The wind farm ‘Moulins Saint-Roch’ is located in Péruwelz-Beloeil, along the E42 and near Polaris, the future economic zone. Four wind turbines will produce 21 GWh / year of green electricity, equivalent to the needs of 6,580 households, and 10,500 tonnes less CO2 in our atmosphere.  A 100% public project, supported by IPALLE and IDETA and funded by the ‘Smart Cities’ program of the EIB and Belfius.

Press Release: Investment Plan for Europe: European Commission Vice-President visits Talgo’s EIB-financed innovation project

Valdis Dombrovskis, European Commission Vice-President for the Euro and Social Dialogue, visited the innovative projects being developed at Spanish company Talgo’s Madrid plant with Investment Plan for Europe support from the European Investment Bank (EIB).

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