Archive | Source: European Investment Bank

Press Release: EIB confirms support for Western Balkans on the path towards EU integration

The European Investment Bank (EIB), as one of the leading international financiers in the Western Balkans, has reaffirmed its commitment to supporting the region’s path towards the European Union. Since 2007, the EIB has signed EUR 7.5 billion of loans for projects in the Western Balkans. So far this year, the EIB has signed loans worth more than half a billion euros for the region.

Press Release: First EIB support for nearly-zero-energy-buildings in Denmark

The European Investment Bank (EIB) is has signed a EUR 100 million loan agreement with Fastighets AB Balder, for the development of two residential complexes with nearly-zero-energy-building (NZEB) standards. The project comprises a total of six buildings which together will provide 660 new apartments in the Copenhagen Metropolitan Area.

Press Release: EIB approves EUR 4.3 billion of new support for business, education, energy, health and transport schemes

The Board of the European Investment Bank approved a total of EUR 4.3 billion of new financing for 20 projects located across the Europe, and around the world.

Press Release: EIB signs the Agreement for EUR 300 million climate related investments in China with Eximbank

Up to EUR 1 billion of new investments to reduce carbon emissions and improve environmental protection in China are expected to be backed by the first climate finance focused partnership between the EIB and Eximbank. 

Press Release: EIB’s agriculture and bioeconomy programme loan under Juncker Plan will support close to EUR 1bn of private investment across Europe

The European Investment Bank (EIB), the EU bank, today announced the launch of a new financing initiative that aims to unlock close to EUR 1bn of investment in the agriculture and bioeconomy sector. 

Press Release: The EU bank provides up to EUR 100 million to co-finance the ‘Casa Eficiente 2020’ programme promoted by the Portuguese Government

The European Investment Bank (EIB) is providing a loan of up to EUR 100 million to co-finance projects under the Casa Eficiente 2020 programme, promoted by the Portuguese Republic to support investments of individuals and small companies implementing residential energy and water efficiency refurbishments schemes.

Press Release: EIB and CEB provide EUR 280 million to finance modernisation and expansion of irrigation infrastructure in Portugal

The European Investment Bank (EIB) and the Council of Europe Development Bank (CEB) will contribute to the financing of the National Irrigation Programme of Portugal, supporting investments in mainland regions of the country, mostly in the Alentejo, which is served by the Alqueva water system.

Press Release: EIB agrees EUR 5.8 billion investment in energy efficiency, social infrastructure and local businesses

The EIB expects to finalise financing for new investment in energy, telecommunications, transport, urban development projects and business lending programmes. This includes EUR 1.4 billion for the metro extension in Stockholm and the acquisition of trains in the Italian Lombardy region.

Press Release: Italy: EIB provides EUR 130m to the University of Bologna

The EU bank is supporting the five-year investment plan of the University of Bologna with an overall financial commitment of EUR 130m. This covers over half of the planned works, which total EUR 222m. The European Investment Bank (EIB) loan signed today in Bologna will go towards modernising and expanding the university’s campuses, with a series of works ranging from earthquake protection to the energy efficiency of buildings and the upgrading of classrooms, research laboratories and sports facilities. 

Press Release: Valmet and EIB renew collaboration with EUR 45 million loan

Valmet Oyj of Finland has signed a EUR 45 million loan agreement with the European Investment Bank to partially finance its upcoming RDI programme, aimed at developing cost-efficient solutions to improve the productivity and operational performance of industrial processes including energy and raw material efficiency and to lower customers’ investment and operational costs. Valmet’s automation business line will carry out most the activities in Finland, safeguarding highly specialised jobs in the country.

Press Release: EIB and Europlasma announce the signature of a EUR 30m finance contract for the innovative CHO Tiper project

The European Investment Bank (EIB – the EU bank) has provided a EUR 30m loan to finance the CHO Tiper renewable power generation plant developed by CHO Power, a Europlasma Group subsidiary. The project is also supported by InnovFin – Energy Demonstration Projects (EDP), a financial product developed under Horizon 2020, the European Union’s framework programme for research and innovation.

Press Release: EU bank announces new financing to strengthen access to energy in Africa via the development of off-grid solar systems

Yesterday, Vice-President of the European Investment Bank (EIB – the EU bank) Ambroise Fayolle announced the signature of USD 25m in financing with d.light design to strengthen access to energy in Africa via solar kits that do not require a grid, are easy to use and inexpensive for users thanks to a pre-payment system. Particular emphasis will be placed on rural and suburban populations and micro-entrepreneurs.

Press Release: New EUR 100 million EIB and Piraeus Bank initiative to cut energy bills in Greece

Energy bills for companies across Greece will be reduced by new energy efficiency investment backed by a new EUR 100 million initiative by the European Investment Bank and Piraeus Bank. Under the scheme dedicated financing for new investment to reduce energy consumption by small-scale energy users will be provided across the country. Technical and financial expertise gained from energy efficiency investment programmes elsewhere will be used to strengthen new projects in Greece.

Press Release: European Union co-finances the development of Jujuy’s urban waste management plan with a EUR 42.2m loan from the EIB and a EUR 11.3m grant

The project, which is the second to be financed by the EIB in Argentina in the last year, will help combat climate change and will also finance social and labour integration initiatives. The EUR 53.5m of European Union assistance (including a significant EUR 11.3m in the form of a grant) confirm the EU’s commitment to the development of the interior of Argentina.

Press Release: First EIB Venture Debt Summit: EIB becomes the largest venture debt investor in Europe

Highly innovative companies in Europe have received more than EUR 750 million in long-term venture debt financing from the EIB in 2017. The investments are expected to generate more than 6,500 high-quality jobs as well as around EUR 7bn in additional investments in R&D. They also make the EU bank the largest venture debt investor in Europe.

New calls to cities and investors announced to deliver sustainable finance growth in cities worldwide

Today, in the context of the European Union’s High Level Conference on Sustainable Finance, and three months after the One Planet Summit in Paris, further progress of the Global Urbis partnership and two new calls to cities and financial investors were announced.

Press Release: First long-tenor political risk insurance to unlock USD 1.4 billion clean energy investment across Africa

USD 1.4 billion of new clean energy investment across Africa will be supported by a new investment insurance initiative launched by Munich Re, the African Trade Insurance Agency (ATI) and the European Investment Bank (EIB). The Africa Energy Guarantee Facility (AEGF) will provide the first dedicated reinsurance for sustainable energy projects across Africa.

Press Release: EIB backs world’s first emerging market green bond fund with USD 100 million investment

EIB Vice-President Ambroise Fayolle today announced that the European Investment Bank (EIB) – the world’s largest multilateral financier of climate-related investment – would provide USD 100 million to strengthen sustainable investment in emerging markets through green bonds.

Press Release: EIB agrees EUR 8 billion investment in education, energy, telecom and local businesses

Meeting in Luxembourg the Board of the European Investment Bank (EIB) approved a total of EUR 8 billion of new financing for 34 projects in the European Union, Africa, Asia and Latin America.

Press Release: More than one million Indian households to benefit from EIB backed clean energy

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Record EUR 1 billion European Investment Bank support for global solar investment confirmed ahead of International Solar Alliance summit

Ahead of the Founding Conference of the International Solar Alliance in New Delhi the European Investment Bank also confirmed strengthened engagement to support significant expansion of solar energy in developing and emerging economies.

Press Release: Blue Finance Principles Unveiled to Support Ocean Health and Investment

Today at The Economist World Ocean Summit, the Sustainable Blue Economy Finance Principles were unveiled. The Principles were developed through a broad consultation led by the European Commission, WWF, the Prince of Wales’s International Sustainability Unit and the European Investment Bank (EIB).  If widely adopted, these principles could help transform the way in which humanity manages ocean resources; showing how profitability can go hand-in-hand with environmental and social stewardship.

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