The signing ceremony of the financing contract took place on Friday 23 April 2021 at the Kaloum Hotel in Conakry, and was attended by members of the Guinean government, as well as representatives of the European Union and the European Investment Bank (EIB). This new EU support for the interconnector project between the hydroelectric power […]
Record EUR 5 billion EIB engagement in Africa transforms access to green energy, clean water, private sector growth and COVID resilience
Includes largest ever annual EIB financing for climate action in Africa and 71% in fragile states Leading Team Europe response to back COVID-19 health investment and economic resilience EIB investment improving access to clean water, green energy and flood protection for millions Mobilised EUR 1 billion of new investment to improve opportunities for women and […]
EIB backs € 3.4 billion investment for climate action and clean energy, sustainable transport, communications, water and private sector
€ 2 billion to scale up the use of renewable energy € 700 million for sustainable transport € 720 million for corporate research, innovation and business investment € 837 million for urban investment, housing, education and communications € 3.4 billion of new financing approved today by the European Investment Bank (EIB) will accelerate shift towards […]
EU-Africa Green Talks in Madrid: A green future for Africa
The Portuguese Presidency of the Council of the European Union, in collaboration with the European Investment Bank (EIB) and the Spanish Ministry of Foreign Affairs, European Union and Cooperation today hosted a discussion day on energy transition in Africa. The event was held as part of the EU-Africa Green Talks: New investment pathways towards sustainable, […]
Portugal: The EIB partners up with the Portuguese Republic to accelerate investments in the hydrogen sector
Memorandum of Understanding to establish institutional cooperation in the hydrogen sector. The EIB is available to provide financial support to eligible projects, technical assistance and advisory support to foster investments in the sector in Portugal and to improve the bankability of projects. The agreement supports the country’s PNEC 2030 & RNC2050 strategies and is aligned […]
Israel: EIB provides Brenmiller Energy with €7.5 million for innovative thermal storage factory
EIB finances Brenmiller Energy with €7.5 million in venture debt to enable the construction of a first-of-its-kind manufacturing plant for innovative thermal energy storage systems The loan is supported by the European Commission under Horizon 2020 and the InnovFin Energy Demonstration Projects facility Brenmiller Energy’s storage solution provides low-cost, easily scalable energy storage of more […]
EU-Africa: 30 days of dialogue on green transition
The Portuguese Presidency of the Council of the European Union, in partnership with the European Investment Bank (EIB), will be hosting 30-days of dialogue on green transition and green investment between African and European partners. Events and virtual meetings will take place across Africa and Europe, beginning on 24 March and culminating on 23 April, […]
EIB backs EUR 3.7 billion COVID-19 business support, renewable energy, internet, health, education and sustainable urban investment
€ 2.4 billion to strengthen access to finance and economic resilience to COVID-19 € 688 million to support solar and wind energy € 381 million for transport, upgrading hospitals and schools, and sustainable urban investment € 1.5 billion new private sector financing COVID crisis response under Pan-European Guarantee Fund Business investment, renewable energy and upgrading […]
Burkina Faso: EUR 38.5m EIB backing for solar power and flood protection
New climate action support welcomed by Ministers and Mayor of Ouagadougou 50MW Sonabel solar plant to transform clean power generation and reduce imports Flood protection to improve public health, protect property and urban development The European Investment Bank today confirmed EUR 38.5 million of new financial and technical support to transform renewable power generation […]
EIB to support Croatia invest more in energy, climate and sustainability projects
The EIB and Croatian Ministry of Economy and Sustainable Development to expand cooperation on development and financing of Croatia`s key energy, resilience and climate projects EU Bank will support Croatia maximize on opportunities created by various EU funds and initiatives, including the European Commission`s Green Deal Investment Plan; Partners will join efforts to contribute towards […]