EIB Press

05 Jul: EIB investing €475 million for wind energy in Denmark

(Source: European Investment Bank-EIB)

EIB, the EU bank, is financing winds of change in energy transition towards renewable sources The European Investment Bank lends up to €475 million to VESTAS Wind Systems A/S. The underlying investments will have significant environmental benefits, being aligned with the EU Green Deal, the Paris Agreement, and with the EIB’s Climate Bank Roadmap, by focusing on developing wind energy technologies. In particular, the investments financed by the EIB will support low-carbon technology and products, energy and resource efficiency, and circular business models.

The EIB will support VESTAS to accelerate the development and deployment of its …

05 Jul: 15 years of EIB green bonds: leading sustainable investment from niche to mainstream

(Source: European Investment Bank)

Since the EIB pioneered its Climate Awareness Bond fifteen years ago, green bonds have been moving from niche to mainstream. Complemented by social and sustainability bonds and helped by legislation on sustainable finance, green bonds are becoming increasingly important in directing capital towards sustainable economic activities. Total issuance of green, social and sustainability (GSS) bonds stands at around €2.2trn[1], highlighting the market relevance of the EIB’s initiative 15 years ago EIB’s issuance of Climate and Sustainability Awareness bonds (CAB and SAB) is approaching €60 billion, making it the largest GSS issuer in its peer group EU…

05 Jul: EIB investing €475 million for wind energy in Denmark

(Source: European Investment Bank)

EIB, the EU bank, is financing winds of change in energy transition towards renewable sources

The European Investment Bank lends up to €475 million to VESTAS Wind Systems A/S. The underlying investments will have significant environmental benefits, being aligned with the EU Green Deal, the Paris Agreement, and with the EIB’s Climate Bank Roadmap, by focusing on developing wind energy technologies. In particular, the investments financed by the EIB will support low-carbon technology and products, energy and resource efficiency, and circular business models.

The EIB will support VESTAS to accelerate the development and deployment of its …

04 Jul: Ukraine Recovery Conference in Lugano: EIB presents a new funding tool to support rebuilding the country

(Source: European Investment Bank)

At the Ukraine Recovery Conference in Lugano, the EIB reaffirmed its strong support to rebuilding the country. The EIB offered the new EU-Ukraine Gateway Trust Fund to support urgent and long-term investing in Ukraine’s reconstruction. In the fifth month of Russia’s full-scale invasion of Ukraine, the EIB’s solidarity response reached almost €4.7 billion for Ukraine’s urgent liquidity needs and support for Ukrainian refugees.

The Vice-President of the European Investment Bank (EIB) Teresa Czerwińska and the acting Managing Director of EIB Global, Markus Berndt, spoke at the Ukraine Recovery Conference in Lugano and shared the EIB’s views …

04 Jul: Moldova: Team Europe – Modern and resilient healthcare system for Moldovans with EIB, CEB and Swedfund support

(Source: European Investment Bank)

The EIB-managed Eastern Partnership Technical Assistance Trust Fund (EPTATF) and Swedfund are jointly providing €1.5 million to prepare the feasibility studies for the construction of a new regional hospital in the city of Cahul, Moldova. The Government of the Republic of Moldova plans to build a modern hospital in Cahul to improve healthcare for more than 120 000 people living in the southern region of the country. Cahul’s regional hospital is a vital part of the Government’s plans to modernise Moldova’s public healthcare system in the country. The construction of Cahul’s regional hospital is part of…

04 Jul: Ireland: National Parks and Wildlife Service and EIB strengthen support to rehabilitate Irish peatlands

(Source: European Investment Bank)

Technical cooperation to scale up rehabilitation of peatlands with nationwide engagement and strengthened monitoring The cooperation will further develop the Peatland Finance Ireland initiative, investing in nature and local development New initiative to support the restoration of peatlands and address the climate and biodiversity impact of landscapes degraded by drainage and abstraction

On Thursday 30th June, Minister for Housing, Local Government and Heritage Darragh O’Brien TD, and EIB Vice-President Christian Kettel-Thomsen formally agreed to strengthen cooperation for peatland restoration in Ireland with the European Investment Bank supporting NPWS efforts to accelerate the restoration of peatlands across …

04 Jul: Egypt: European Investment Bank Vice President welcomes successful completion of Cairo Metro Line 3

(Source: European Investment Bank)

Gelsomina Vigliotti confirms EUR 600 million EIB backing for Line 3 New Cairo Metro line represents the EIBs largest transport investment in Africa Vice President emphasises importance of sustainable transport for climate action

European Investment Bank Vice President Gelsomina Vigliotti today joined Egyptian leaders and international financing institutions at the formal inauguration of the new Cairo Metro Line 3 at Adly Mansour Station.

“The European Investment Bank congratulates all those whose hard work over the last decade to enable today’s inauguration of a new section of the Cairo Metro Line 3. The European Investment Bank is …

30 Jun: Spain: The EIB and the European Commission provide UCI with €2.6m to mobilize €46.5m for energy efficient housing

(Source: European Investment Bank)

UCI has become the first Spanish financial institution to receive the European Local Energy Assistance (ELENA) programme for the development of its Residential Energy Rehabilitation (RER) project over the next three years.

RER is a one-stop-shop system for multi-apartment buildings providing technical assistance to homeowners for energy efficiency improvements in Madrid, Barcelona, ​​Valencia and Seville.

Thanks to ELENA, UCI´s RER project aims to rehabilitate 3,720 homes and mobilize €46.5 million in eligible investments.

ELENA is a joint initiative led by the European Investment Bank and the European Commission under the Horizon 2020 programme offering technical assistance …

30 Jun: Serbia: The EIB and UniCredit promote socially inclusive employment and entrepreneurship

(Source: European Investment Bank)

The EIB and UniCredit Bank Serbia launch the first impact finance loan for Serbian companies This credit line aims at creating job opportunities and enhancing employment standards for women, youth and people from vulnerable social groups The funds are available to companies committed to improving their social impact on society

The European Investment Bank (EIB) and UniCredit Bank Serbia (UniCredit) have officially launched a €30 million credit line aimed at supporting the employment, professional training and long-term retention of people from vulnerable social groups. These funds will enable UniCredit  to on-lend to Serbian companies that are …

30 Jun: Ireland: EIB to strengthen support for climate, connectivity, renewables, education and innovation

(Source: European Investment Bank)

Finance Minister Donohoe chairs EIB-Ireland Financing Group and welcomes EUR 1 billion EIB and EIF engagement in Ireland last year Ministers for public expenditure, climate, energy, transport, housing and agriculture discuss future investment priorities with high-level EIB delegation EIB Vice President Kettel Thomsen unveiling new school investment and advisory support for retrofit investments and on peatland transformation during two day visit to Ireland

The European Investment Bank is expected to strengthen backing for climate action, clean transport, renewable energy, healthcare, education, agriculture and business in Ireland, in addition to enhancing support to sectors such as energy …