EIB

They will be located in six autonomous communities and generate enough electricity to power around 360,000 homes

The loan will be used to help homes and businesses finance energy efficiency and renewables projects

It is part of the Bank’s plans to contribute towards meeting the goals of the Paris climate agreement

The European Investment Bank is providing €150m to Bankia, which is matching the amount for the scheme

Investments are expected to start in the second half of 2019

Grants are being provided for electric buses and trams, wind farms and energy efficiency projects

The project is receiving more than €183m of financial support

The project is expected to significantly reduce emissions of sulphur oxide and particulate matter pollutants

They have also signed an agreement to finance the Goya wind energy project

It plans to manufacture around two million cells per year, accounting for an electrical capacity of 50MW