€400 M for Germany grid upgrade
The funds are necessary for modernisation of the grid
#EIB
EIB and Iberdrola agree €700 M grid expansion loan
The funds are aimed at improving the efficiency and resilience of the power grid and helping connect more renewable energy sources.
EIB offers $140 M for modernisation of electricity network in Hungary
The European Investment Bank has agreed to provide a loan of €120m to MVM Hungarian Electricity to modernise and expand electricity supply network.
Greece gets $200 M for Crete undersea power link
Greece grid operator ADMIE signed a $200 M (178 M euro) European Investment Bank loan to partly fund undersea cables from Crete to the mainland.
Finland’s Fingrid to upgrade transmission network
Fingrid has signed a $113.2-million loan agreement with European Investment Bank to support upgrade and development of Finnish electricity transmission network.
Jordan awarded $72M for energy upgrades
Luxembourg: The European Investment Bank (EIB) has signed a financing agreement worth $72 million to fund the development of energy projects in Jordan.
EIB supports Greece energy projects with $310M
Luxembourg: The European Investment Bank (EIB) has signed four finance agreements totalling €285 million ($310 million) with Greece to support the development of various energy projects in the country.
EIB grants €85M for Guinea-Senegal interconnection project
The European Investment Bank (EIB) is to shortly grant a loan worth €85 million to fund a project of building an interconnection between Guinea and Senegal.