#EIB

The EIB and Spanish utility Naturgy have agreed a €1 billion ($1.05 billion) loan to support investments in solar energy and onshore wind power plants in Spain.

The European Investment Bank (EIB) is lending €400 million ($420.1 million) to Czech energy supplier ČEZ to upgrade and expand the country’s distribution grid.

Iberdrola has sealed a €120 million ($129.8 million) debt financing deal supporting research and innovation in the energy sector with a focus on decarbonization.

The EIB and the DBSA will each provide €100 million ($110.4 million) to support solar and wind power projects in South Africa.

The EIB will lend Elektro Ljubljana €50 million ($55.3 million) to expand and upgrade the distribution network in central and southeastern Slovenia.

Among the most important operations financed from the resources are the maintenance, renewal and development of distribution facilities.

The funds are necessary for modernisation of the grid

The funds are aimed at improving the efficiency and resilience of the power grid and helping connect more renewable energy sources.

The European Investment Bank has agreed to provide a loan of €120m to MVM Hungarian Electricity to modernise and expand electricity supply network.

Greece grid operator ADMIE signed a $200 M (178 M euro) European Investment Bank loan to partly fund undersea cables from Crete to the mainland.

Fingrid has signed a $113.2-million loan agreement with European Investment Bank to support upgrade and development of Finnish electricity transmission network.

Luxembourg: The European Investment Bank (EIB) has signed a financing agreement worth $72 million to fund the development of energy projects in Jordan.

Luxembourg: The European Investment Bank (EIB) has signed four finance agreements totalling €285 million ($310 million) with Greece to support the development of various energy projects in the country.

The European Investment Bank (EIB) is to shortly grant a loan worth €85 million to fund a project of building an interconnection between Guinea and Senegal.