Multi-billion euro energy link between UK and Germany gets green light for financiers
The European Investment Bank (EIB) — as part of a consortium of more than 20 international banks — has agreed on the financing structure of the first ever energy link connecting Germany and the United Kingdom. The investment to build this interconnector will amount to €2.8 billion, with the EIB set to contribute up to €400 million […]
Nexans enters into €200 million loan facility with European Investment Bank
The European Investment Bank (EIB) has granted a €200 million loan facility to Nexans to accelerate its active role in the world’s energy transition and commitment to contribute to carbon neutrality by 2030. The EIB loan covers financing of R&D and new product developments, investments aiming at increasing digital plants and energy efficiency transformation as […]
EIB pledges €3.4bn for climate action and clean energy
€3.4 billion of new financing has been approved by the European Investment Bank (EIB) to accelerate the shift towards renewable energy and sustainable transport, corporate innovation, improved housing, education and communications. €2 billion to harness wind and solar power The bank’s Board of Directors of the EIB approved financing for the development of renewable energy […]