European Investment Bank

The EU’s bank provided more than a billion dollars worth of funding for solar energy projects around the world in 2017

The European Investment Bank (EIB) has signed an agreement with a Hungarian bank and investment hub to explore the feasibility of creating a smart city and transport investment hub in the country. It will work with the European Investment Advisory Hub (EIAH) and Hungary’s Development Bank (MFB) to identify how to capitalise on the nation’s […]

The European Investment Bank (EIB) has agreed to provide a €30 million (£26.3m) loan to replace buses in Palma de Mallorca with less polluting gas-powered models. The money will help transport firm Empresa Municipal de Transportes swap its existing diesel-powered vehicles with newer, safer and cleaner compressed natural gas (CNG) versions. The agreement, which was […]

The European Investment Bank (EIB) has confirmed €800 million (£715.5m) of funding to support solar energy in India. The funding for India will support small scale projects across the nation. The organisation has also partnered with the International Solar Alliance (ISA) to mobilise finance with the purpose of developing and deploying affordable solar energy in […]

Four innovative energy projects in France have received finance worth a total of €100 million (£89.4m). The funding for new energy technologies comes as part of the Investment Plan for Europe, known as the Juncker Plan and was provided by the EU’s European Investment Bank (EIB). The bank has awarded €20 million (£17.9m) to CS Communication […]

The European Investment Bank (EIB) has approved €12.4 billion (£11.1bn) of financing for 63 new transport and renewable energy schemes. The funding aims to improve the efficiency of the rail, road, air and maritime sectors, pay for new renewable energy projects and boost the security of energy supply. Around €4.3 billion (£3.8bn) of the new financing will be devoted to […]

The European Investment Bank (EIB) has issued a new $500 million (£248m) green bond in Canadian Dollars. The transaction takes the total investment in the Climate Awareness Bond (CAB) to €10.8 billion (£7.7bn) across 11 currencies. CABs provide investors with the opportunity to invest in projects contributing to climate action. They will include renewable energy projects such […]

The European Investment Bank (EIB) is investing €50 million (£36m) to develop renewable energy projects in the region. Its first project will boost green technologies in France. It signed an agreement with financing firm Omnes Capita, which will manage the Capenergie 3 fund. It will focus on wind, solar, hydropower and heat networks, which will be developed by SMEs […]

The European Investment Bank (EIB) has approved nearly €10 billion (£7bn) to help towards environmental, renewable energy and climate-related projects in more than nine countries. Amongst the projects approved include the large scale roll out of smart meters to in the UK, easier access to lending for small renewable energy projects in Germany and France […]

The European Investment Bank (EIB) is lending up to zł946 million (£164m) to modernise power grids in Poland. Polish energy company ENEA S.A. will use the cash to upgrade and extend electricity networks in the north-west of the country. This investment programme will be carried out between 2015-2017 to boost energy security in the region. The firm […]