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Press Release: EU bank signs first direct loan to a company in Georgia

The European Investment Bank (EIB) has directly financed a company in Georgia for the first time. The EU bank will provide a EUR 21.47m long-term loan to Tbilisi’s water utility – Georgian Water and Power (GWP) – to support its water and wastewater infrastructure development programme. EIB Vice-President Vazil Hudák today announced the signature of  Full Article…

Press Release: Juncker Plan financing for windfarms in Greece: EIB signs EUR 24m loan with Terna Energy Group

The European Investment Bank (EIB) has signed a EUR 24m financing agreement with Greece’s Terna Energy Group to help fund the development, construction and operation of three windfarms in Viotia, central Greece. Eurobank Ergasias acted as a co-lender. The EIB’s loan benefits from the support of the EU budget guarantee under the European Fund for Strategic  Full Article…

Press Release: Terna: EIB lends EUR 130 million for “Italy-France” interconnector

An agreement was signed on Friday between Terna and the European Investment Bank (EIB) for a EUR 130 million loan in support of investments for the public component of the “Piedmont-Savoy” project, the new 320 kV direct current electricity interconnector that will link Italy and France. The loan has a term of 22 years and a fixed interest  Full Article…

Press Release: EIB board backs EUR 12 billion of new investment including transformational new transport, energy and internet schemes

“The board of the European Investment Bank approved new financing totalling EUR 12.4 billion today. This includes support for rail, road, air and maritime transport investment around the world and backing for new renewable energy and security of energy supply schemes. New PPP financing for tram, motorway and internet investment was also agreed.”

Press Release: EIB highlights 10th anniversary of the EIB issuing the world’s first green bond and confirms new green bond tree planting scheme

Ten years after issuing the world’s first green bonds, the European Investment Bank, today highlighted the unique contribution of green bonds to accelerating private sector funding for climate related investment. Speaking at gathering of institutional investors, asset managers and financial institutions hosted by Commerzbank in Berlin, to mark the tenth anniversary of EIB’s issuance of  Full Article…

Press Release: Långmarken wind farm – first EFSI project in Sweden – inaugurated

Today, the “Långmarken” wind farm in Kristinehamn, Sweden – backed by the EIB and Mirova, and promoted by Eolus Vind – was officially inaugurated at a public event in the presence of the owners of the wind farm. Mr. Kenneth Johansson, county governor of Värmland, was one of the prominent speakers at the inauguration. Långmarken  Full Article…

Press Release: EIB supports small and medium-scale pro-ecological investments with BOŚ under Juncker Plan

The European Investment Bank (EIB) has provided to Bank Ochrony Środowiska (Bank for Environmental Protection, BOŚ) a EUR 75m loan supporting small and medium-scale investments carried out by small and medium-sized enterprises (SMEs), mid-caps and public sector entities in Poland. 40% of the loan is expected to finance projects contributing to Climate Action. The EIB  Full Article…

Press Release: #EDD17 – Connecting the unconnected in rural Sub-Saharan Africa: rollout begins of 1000 new solar-powered mobile towers to unlock online access for millions

“Nearly 4 million people in rural Africa will be connected to telecommunications for the first time thanks to an initiative by Africa Mobile Networks, supported by the EU Bank, to build 1000 new solar-powered mobile phone base stations.”

Press Release: EIB confirms commitment to support small island states and blue economy

At the United Nations Oceans Conference the European Investment Bank today confirmed support for investment around the world that strengthens conservation and enables more sustainable use of oceans and marine resources. This includes responding to the needs of Small Island Developing States to reduce vulnerability to a changing climate and supporting schemes that reduce pollution  Full Article…

Press Release: Vice-President of EU bank visits Kyrgyzstan

“The EIB launched its activity in Kyrgyzstan in 2014 and has already signed two operations totalling EUR 90m. The object of the first loan, the Central Asia / South Asia Electricity Transmission project, forms part of an important regional electricity scheme also involving Tajikistan, Afghanistan and Pakistan. The second operation, the Kyrgyz Water and Solid Waste  Full Article…

Press Release: EIB Group cooperation with China to be strengthened with new EUR 500 million Silk Road Fund equity investment initiative

At the EU-China summit the European Investment Fund and the Silk Road Fund signed a Memorandum of Understanding that outlines new strategic cooperation to support equity investment across Europe. Once operational the China-EU Co-Investment Fund is expected to provide EUR 500 million, jointly backed by the European Investment Fund and the Silk Road Fund, to  Full Article…

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