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The European Investment Bank (EIB) has signed a €175 million loan agreement with Valmet, a leading Finnish developer and supplier of technologies, automation and services for the pulp, paper and energy industries. The loan will support the company’s research, development and innovation activities.
The European Investment Bank today published the "Financing in Africa Survey 2023," providing unique insights into the evolving financial landscape across the African continent. This extensive analysis, conducted in partnership with 33 leading banks across Africa, details diverse challenges and confirms resilience of the African banking sector.
Today the European Investment Bank (EIB) inaugurated the construction of its new building in Luxembourg, Kirchberg at a ceremony hosted by EIB President Werner Hoyer and attended by Finance Minister and EIB Board of Governors member Yuriko Backes, and Mayor of the City of Luxembourg Lydie Polfer. Together, they unveiled a foundation stone taken from the construction site for commemorative purposes.
The V.I. Vernadskyi School in Shyshaky village, Poltava Oblast, is now open following a complete renovation under the Ukraine Early Recovery Programme (UERP) run by the European Investment Bank (EIB). Thanks to this upgrade, local children can enjoy a modern and inclusive learning environment, nutritious food and school transportation services.
News In July, some 87 000 applications were lodged in the EU+, up by a fifth compared to the year prior, but in-line with the average number of applications lodged so far this year.
Spain, Italy and Portugal: InvestEU - EIB approves framework financing of up to €1.7 billion for Solaria’s renewable energy rollout
The European Investment Bank (EIB) has approved framework financing of up to €1.7 billion for Solaria to support the construction of some 120 photovoltaic power plants. Mostly located in Spain, as well as Italy and Portugal, they will have a total capacity of approximately 5.6 GW and will produce an estimated 9.29 TWh a year. The power plants are expected to come into operation by the end of 2028. This is Solaria’s most ambitious financing operation to date.
The 2023 Annual Members Meeting of 2X Global will see twice as many participants as its 2022 precursor, setting the stage for a major, cross-sectoral convening of power players and stakeholders in gender finance.
The European Investment Bank (EIB) has granted a €270 million green loan to Acquedotto Pugliese S.p.A. (AQP), primarily aiming to improve water and wastewater infrastructure to provide more efficient and resilient services to over 4 million people in the Puglia and Campania regions of Italy.