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Opdenergy closes with BBVA and the European Investment Bank a green financing agreement of c.350 million euros – EQ Mag Pro

The funds obtained will finance a Spanish solar PV portfolio with an aggregate gross targeted installed capacity of 605MW. The agreement includes a long-term project finance with a principal amount of €301M of senior debt, a €29M PPA guarantee line and a credit line facility of €17M to cover 6 months debt service reserve account. […]

Torrent Power gets letter of award to supply 150 MW renewable energy -EQ

Enel agrees on 600 million euro facility with the European Investment Bank and SACE for sustainability-linked financing in Latin America – EQ Mag Pro

Enel, the European Investment Bank (EIB), via its development branch EIB Global, and SACE, the Italian export credit agency, agreed on a multi-country, multi-business and multi-currency facility of up to 600 million euros to support sustainable energy investments in Latin America through sustainability-linked financing instruments This is EIB-SACE’s first sustainability-linked transaction and the EIB’s largest […]

Torrent Power gets letter of award to supply 150 MW renewable energy -EQ

EIB invests €50 million in Wenea to deploy over 470 charging stations for electric vehicles in Spain

EIB invests €50 million in Wenea to deploy over 470 charging stations for electric vehicles in Spain The fast and ultra-fast charging stations will be located along Spanish motorways, including those of the Trans-European Transport Network (TEN-T). The EIB financing of €50 million will enable the company to carry out an investment of around €100 […]

Maharashtra has highest number of public EV charging stations, followed by Delhi

EIB and LBBW provide PLN 184million each to construct four wind farms in Poland

The EIB financing is backed by a guarantee from the European Fund for Strategic Investments (EFSI), the central pillar of the Investment Plan for Europe. The European Investment Bank (EIB) and LBBW are providing PLN 184 million (approximately €42 million) each to finance the construction and operation of four wind farms in Poland’s Wielkopolskie region. […]

Hydrogen storages important foundation for solar PV expansion in Europe – German govt scenarios -EQ

EIB approves € 5.1 billion for COVID-19 resilience, clean energy, rail transport and urban development

EIB Group launches European Guarantee Fund COVID-19 business financing: € 2.6 billion EIB and EIF funding to mobilise € 11.3 billion investment € 1.9 billion for COVID-19 health, medical and economic resilience € 2.1 billion for private sector investment with global financing partners € 1.3 billion for clean energy, energy efficiency and water investment The […]

Hydrogen storages important foundation for solar PV expansion in Europe – German govt scenarios -EQ

Austria: Investment Plan for Europe – EIB finances wind farms of Windkraft Simonsfeld

EU climate bank advances €63 million Bulk of financing backed by Juncker Plan guarantee Erste Bank financing new windparks with an amount of €22 million The European Investment Bank (EIB) is providing €63 million of finance for the construction and operation of two new wind farms in Austria (Prinzendorf III and Powi V) of Windkraft Simonsfeld with […]

Hydrogen storages important foundation for solar PV expansion in Europe – German govt scenarios -EQ

Poland: Electric vehicle battery production in Europe gets boost thanks to EIB loan of €480 million to LG Chem Wroclaw Energy

First EIB loan to LG Chem Group and its Polish subsidiary will support the construction of manufacturing facilities for advanced lithium-ion cells and batteries for battery-powered electric vehicles The project will contribute to the clean energy transition and the shift towards electrification of the European transport industry and secure the supply of advanced li-ion batteries for European […]

Ather Energy ties up with BPCL to expand charging infrastructure

EIB agrees to finance construction and operation of new solar plants in Kenya

The new Radiant and Eldosol projects are amongst the first to generate utility-scale solar power in East Africa. The European Investment Bank and FMO, the Dutch entrepreneurial development bank, have agreed to finance the construction and operation of two new solar photovoltaic plants in Kenya. EIB and FMO will each provide USD 53 million for […]

Construction of 5 solar parks underway across Iran -EQ

EIB set to finance biggest wind power infrastructure projects in Spain

These new facilities will have a total capacity of 547 MW and will generate approximately 1.491 GWh of energy a year overall, a volume equivalent to the power use of 360 000 Spanish homes. · The EU bank will provide up to EUR 385m to Alfanar, successful bidder in Spain’s third renewable energy auction. · […]

OeEB invests in AMPIN Energy Transition to support renewable energy investments in India – EQ

ENGIE and partners sign contracts for 60 MW solar PV projects in Senegal

ENGIE was selected as preferred bidder by Senegal’s Electricity Sector Regulation Commission (CRSE) in a tender launched in October 2017. ENGIE (ENGIE.com) and partners Meridiam and FONSIS have signed the EPC, Operation & Maintenance and Finance contracts for two solar PV projects of 60 MW. The total investment cost for the projects amounts to 47.5 […]

Construction of 5 solar parks underway across Iran -EQ