Archive | Source: European Investment Bank

Event: EIB Board of Directors Seminar with Civil Society 2018 (Luxembourg, 5 February 2018)

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Press Release: EIB supports modernisation of electricity distribution facilities in Spain with EUR 500 million loan to Endesa

The European Investment Bank (EIB) is providing a EUR 500 million loan to Endesa to support the necessary investment to upgrade its distribution grid. The aim of the project, which will be implemented over the next two years, is to improve the quality and efficiency of Endesa’s electricity supply facilities, making them more environmentally friendly and sustainable, and expanding its network of connections to renewable energy sources.

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Press Release: EIB provides EU 151m in Juncker Plan Financing for Investment set to Support Innovation, Job Creation and Energy Efficiency in Spain

The European Investment Bank (EIB) today signed five agreements making it possible to provide EUR 151m for investment in innovation in several sectors of the Spanish economy, such as pharmaceuticals, transport and the automotive industry.

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Press Release: EIB supports the sustainable development of Krakow, the second largest city in Poland

The EIB announced that it has signed a PLN 135m loan (approx. EUR 32m) to the City of Krakow for a number of urban projects designed to improve its key infrastructure, predominantly roads, mobility, public buildings and education.

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Press Release: European Investment Bank confirms EUR 70 million loan for ElvalHalcor planned expansion

The European Investment Bank (EIB) has agreed to provide EUR 70 million loan to support a planned EUR 150 million investment programme of ElvalHalcor Hellenic Copper and Aluminium Industry S.A in technical and building infrastructure, which will also demand additional operating and working capital funds of more than EUR 50 million in the next 5 years.

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Press Release: European Investment Bank backs renewable energy investment across Greek islands

Renewable energy generation across Greek islands and on the mainland of the country will be strengthened under a new investment programme by PPC Renewables backed by the European Investment Bank. A new EUR 85 million European Investment Bank (EIB) loan signed in Athens today will support both the repowering of wind parks and small hydropower stations and construction of new hydropower plants and wind parks across the country.

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Press Release: Romania: EIB supports the modernisation of infrastructure in the City of Oradea

The European Investment Bank (EIB) is lending EUR 21 million to the Municipality of Oradea to finance improvements to its urban infrastructure. EIB funds will also support investments targeting Climate Action objectives, such as energy efficiency, renewable energy and sustainable transport.

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Press Release: Renewable energy investment across India gets USD 400 million boost from new European Investment Bank – YES BANK initiative

Expansion of renewable energy power generation across India will be supported by a new USD 400 million joint initiative backed by the European Investment Bank and YES BANK, India’s 5th largest private sector bank. YES BANK will manage the new co-financing programme for construction of new solar power plants and wind farms across the country.

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Press Release: Investment Plan for Europe: EIB grants loan of EUR 60m to Hüttenwerke Krupp Mannesmann

The European Investment Bank (EIB) will provide a loan of EUR 60m to Hüttenwerke Krupp Mannesmann GmbH (HKM), a German producer of crude carbon steel. The financing aims at modernising an existing integrated steel plant to improve the environmental performance as well as to reduce energy consumption and CO2 emissions through the installation of new equipment.

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Press Release: Netherlands – EIB finances OMO association’s sustainable buildings

Today in Tilburg, the European Investment Bank (EIB) signed a financing agreement with the Ons Middelbaar Onderwijs (OMO) association. The EUR 60 million financing will enable OMO to undertake the sustainable refurbishment or new construction of a number of schools in the province of North Brabant. Full article…

Press Release: EUR 8.9 billion new financing approved by EIB board to support climate, water, transport, enterprise and education investment

The December board meeting of the European Investment Bank yesterday approved a total of EUR 8.9 billion of new financing for 55 projects across Europe and in Asia, Africa, Latin America and the Middle East. Full article…

Press Release: France: Juncker Plan – first green financing in the maritime transport sector signed

The European Investment Bank (EIB), Societe Generale and Brittany Ferries are pleased to announce the success of the first green maritime financing under EIB’s EUR 750m Green Shipping Guarantee (GSG) programme put in place last year by the EIB and Societe Generale. The new vessel ‘Honfleur’ will be Brittany Ferries’ first Liquefied Natural Gas (LNG) powered ferry. It is scheduled to enter into service in April 2019 on its Caen-Ouistreham (France) and Portsmouth (UK) route.

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Plan Juncker en France : signature du premier financement vert dans le secteur maritime

La Banque européenne d’investissement (BEI), Société Générale et Brittany Ferries annoncent le succès du premier financement maritime vert dans le cadre du programme Green Shipping Guarantee (GSG) de 750 millions d’euros de la BEI, mis en place l’année dernière avec Société Générale. Le nouveau navire Honfleur sera le premier ferry alimenté au gaz naturel liquéfié (GNL) par Brittany Ferries. Sa mise en service est prévue pour avril 2019 sur les lignes reliant Caen-Ouistreham (France) à Portsmouth (Royaume-Uni).

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Press Release: New alliance between the EIB and Akuo Energy to implement the energy transition

The EIB is continuing its partnership with Akuo Energy for a new programme of European renewable energy projects totalling EUR 330m of investment. Specialist in financing renewable energy projects, Natixis Energeco has reiterated its immediate support for the operation.

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Press Release: Juncker plan in France: signing of the first green financing in the maritime sector

The European Investment Bank (EIB), Societe Generale and Brittany Ferries announce the success of the first green maritime financing under the EIB’s EUR 750 million Green Shipping Guarantee (GSG) program set up the year last with Societe Generale. The new ship Honfleur will be the first liquefied natural gas (LNG) ferry by Brittany Ferries. Its commissioning is scheduled for April 2019 on the lines connecting Caen-Ouistreham (France) to Portsmouth (United Kingdom).

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Press Release: Only more public-private cooperation can unlock the huge climate finance challenge, says EU Bank Vice-President at Climate Finance Day in Paris

The Vice-President in charge of Climate Action and Environment at the European Investment Bank (EIB) has urged the global community to step up efforts to crowd in private investors for climate action.        Full article…

Press Release: EIB supports key technological investments in Polish copper industry

A more efficient copper industry in Poland and Europe, with state-of-the-art technologies and reduced environmental impact  – this is the aim of a modernization plan undertaken by KGHM Polska Miedz (KGHM), a Polish blue-chip company and the sixth largest world copper producer, which the European Investment Bank (EIB) is spearheading with a PLN 900m loan (ca. EUR 212m).

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Press Release: Ukraine: EIB supports extension and upgrade of Kharkiv Metro

The European Investment Bank (EIB) is lending EUR 160m to finance improvements to the public transport system in Ukraine’s second largest city. EIB funds will support the extension of the Kharkiv metro network to a residential area with a high population density, making it more attractive for commuters. The EIB loan will facilitate the shift away from an excessive car use to a more sustainable transport system with positive consequences on climate and the quality of the urban environment in the city. It will contribute upgrading public transport in the southern part of the city of Kharkiv, an area which is currently only served by trolleybuses, buses and mini buses.

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