Archive | Source: European Investment Bank

Press Release: EIB to provide financing for sustainable production at Atlas Copco

The project is expected to improve safety and productivity characteristics as well as reducing CO2 emissions and enhancing the energy efficiency and recovery of the resulting products. Atlas Copco’s RDI activities will in turn enable its clients to increase their productivity, energy efficiency, safety and ergonomics, and can reduce the environmental impact of their production processes.

Press Release: EIB to help protect 1,400km roads in rural Lao PDR from climate change

Earlier today Mr. Luca Lazzaroli, Director General of the European Investment Bank, formally agreed new support to improve 1,400km of currently unpaved roads in six provinces. This will enable parts of the national road network most vulnerable to a changing climate to be paved, elevated and stabilised.

Press Release: EIB signs two new loans in Bulgaria following a strong year in 2018

European Investment Bank signs two new operations on the day of its annual results press conference in Sofia:

– a EUR 18m loan to Software Group supported by the Juncker Plan – the EIB’s first venture debt operation in Bulgaria
– a EUR 20m loan to Raiffeisen Leasing, for investments in small and medium-sized companies

Press Release: School rooftops will generate solar energy for 16000 houses in the West Bank

The European Investment Bank (EIB) and the Palestine Investment Fund (PIF) have signed a loan agreement worth USD 18 million to finance the installation of rooftop photovoltaic (PV) systems on 500 public schools in the West Bank. The EIB’s investment, which falls under the Economic Resilience Initiative (ERI) will generate 35 MW of clean energy enough to power more than 16000 houses across the West Bank.

Press Release: EIB board approves EUR 2.4 billion new financing for transport, water, hospital, social housing and business investment

“The projects the EU Bank approved today will help people in very concrete ways: getting them quicker where they want to go, giving them access to cleaner water, helping them find affordable homes and get better hospital treatment. The EIB is Europe’s climate bank, and projects like the ones we approved today help us tackle climate change and its consequences, a challenge that is becoming an ever more urgent priority for Europe and the world”, said Werner Hoyer, President of the European Investment Bank.

Press Release: Investment Plan for Europe – ING and EIB provide EUR 110m for Spliethoff’s Green Shipping investments

ING and the European Investment Bank (EIB) today signed a EUR 110m loan agreement to finance Dutch ship management company Spliethoff’s Bevrachtingskantoor B.V. for the retrofitting of 42 vessels of its fleet with exhaust gas cleaning systems and ballast water management systems.

Press Release: Infrastructure and innovation: EIB focal point in Poland

European Investment Bank (EIB) lending amounted to EUR 3.74bn and covered a wide range of sectors, from roads and railway to energy distribution, green transport, urban revitalisation, healthcare and education. The EIB signed its first direct loans with Polish universities (Warsaw and Poznań medical universities) and invested in a social and affordable housing scheme in Poznań.

Press Release: UniCredit and the EIB: EUR 500 million for Italian SMEs to promote female entrepreneurship and climate action

Financing of both new and existing projects that have not yet been completed, with a maximum term of 12 years or 20 years (for energy efficiency and renewable energy projects) is intended for businesses operating in all productive sectors – agriculture, crafts, industry, retail, tourism and services. Pure financial investment and/or real estate projects are not covered by the agreement.

Press Release: EIB provides EUR 100 million in financing for advanced stainless steel manufacturing

The purpose of this contract is the financing of ongoing investments in the cold rolling, and annealing & pickling line at Aperam’s Genk plant (Belgium) as well as the company’s ongoing modernisation programmes in the cohesion regions of Nord-Pas-de-Calais (France)  ̶  Isbergues plant, and Hainaut (Belgium)  ̶  Châtelet plant.

Press Release: EIB and Banco Santander to provide EUR 50m to businesses and the self-employed to improve energy efficiency

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Press Release: Financing for SMEs – EIB and Banco Sabadell provide credit lines totalling EUR 700m

One of the aims of this EIB-Sabadell credit line for agricultural sector SMEs is to help these companies to modernise by implementing new production processes that improve their environmental impact. To this end, some of these funds will be earmarked for SMEs whose investments contribute to climate action.

Press Release: More European funds available to support energy efficiency in residential buildings

The European Local ENergy Assistance (ELENA) facility will benefit from EUR 97 million of new funding from the European Commission for its envelope dedicated to residential buildings. This budget will support project development services for energy-efficiency investments in privately and publicly owned housing. The European Investment Bank (EIB), which implements ELENA, will provide assistance and expertise and act as the point of contact.

Event: European Venture Debt Summit (Luxembourg, 28 March 2019)

On the back of the success of the EIB venture debt activities, the Bank is organising its second annual event for businesses benefiting from EIB’s venture debt financing. This innovative product aims at supporting early-stage, highly-innovative companies in Europe. This year the summit will bring together around 200 CEOs/CFOs of the portfolio companies, their private funds sponsors, financial advisors, the European Commission, EIB staff and media.

Press Release: Record EUR 3.3 billion EIB engagement across Africa supports private sector, clean energy, transport and water investment

Largest ever European Investment Bank engagement in Africa since 1965. Direct support for 59 private sector and sustainable development projects 20 African countries.

Press Release: Action against climate change – EIB and CaixaBank join forces to finance projects promoting climate action

CaixaBank is launching its first credit line to combat climate change via the EIB’s dedicated climate action financing programme. It is the first time that CaixaBank has allocated EIB funds to financing the projects of individuals.

Press Release: EIB Group continued increasing its activity in Portugal in 2018

“The EU bank’s financing activity contributing to climate action continued to grow. In 2018, this financing represented 41% of the Bank´s activity in the country, contributing to the development of projects promoting the implementation of more energy-efficient production processes and fostering the use of renewable energies. The financing of infrastructure also increased to reach a total of EUR 499m, mainly dedicated to financing the rehabilitation and expansion of irrigation infrastructure in rural areas and the modernisation of Portuguese ports, among other projects.”

Press Release: EUR 100 million European support to Fingrid for network upgrade

The EIB financing will support Fingrid’s investment programme, which aims to rehabilitate and develop the electricity transmission network that stretches throughout all of Finland. The addition of a new line to the north-south interconnector will enable new wind energy – planned in the north of the country – to reach load centres in the south. Refurbishment of lines and substations will replace infrastructure at the end of its lifetime with more efficient and modernised equipment, adapted to current consumption volumes.

Press Release: EIB approves EUR 4.8 billion of transport, business, urban and energy financing and meets with civil society organisations

EUR 2.3 billion of new financing for business investment across Europe and Africa.  EUR 1 billion for electric vehicles, upgrading international rail links and urban transport. 120 NGO and civil society representatives joined the EIB to discuss EU Bank priorities.

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