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).
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.
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.
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.
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.
The Project features a 400 km sewer network – including household connections, collectors and a wastewater treatment plant with adequate capacity to accommodate projected population growth and increased demand for sanitation services in the area until 2050.
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.
Up to USD 11.75 million loan from the European Investment Bank (EIB) provided in support of the 34 MW* Ngonye solar power plant in Zambia. The project is promoted by multinational energy company Enel and will also be supported by loans from the IFC (World Bank Group) and IFC-Canada Climate Change Program.
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.
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.
The agreement will make it possible to improve station accessibility, increase line capacity and optimise the network’s energy efficiency. The project benefits from Juncker Plan support.
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.
EIB confirms new support for energy investment across Greece.
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.
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).