European Union
The European Investment Bank (EIB) has lent €200 million to BNP Paribas Leasing Services to expand financing for Polish companies, including small enterprises and Mid-Caps. The accord aims to trigger over €500 million in new investment in Poland, with at least 30% of the funding earmarked for climate projects. This
European Union
As the global economy continues to shift and adapt, numerous developments in various sectors have made headlines in recent days. From advancements in the Asian-Pacific region to significant policy changes in the United States and Europe, here are some key takeaways and insights into the current state of global economic
European Union
The European Investment Bank (EIB) has agreed to provide a €50 million loan to Crédit Agricole Bank Polska to support Polish businesses in their energy transition. The loan will enable the Polish subsidiary of the French lender to offer up to €100 million in new loans to Mid-Caps across Poland,
European Union
The European Investment Bank (EIB) has granted a €45 million loan to BrianzAcque, the publicly owned integrated water service company for the Italian province of Monza and Brianza, to support its 2025-2029 investment plan. The project aims to improve the efficiency of water and sewerage infrastructure in the municipalities served,
European Union
The European Investment Bank (EIB) is funding Cyprus a further EUR100 million for a range of road improvements in the country. The EIB credit will cover 50% of the costs of planned renovations and extensions to make road travel in Cyprus easier and safer. This is the second tranche of
European Union
Latvia is set to increase its clean energy production as energy company Sunly receives almost EUR 85 million in international financing for the development of four solar parks with a total capacity of 329 megawatts in the country. The financing package, provided by the European Investment Bank, the European Bank
European Union
The European Investment Bank, the European Bank for Reconstruction and Development, and SEB have committed almost €85 million in financing for renewable-electricity provider Sunly to build four solar parks in Latvia. The 329-megawatt solar park project will meet the annual electricity consumption of up to 180,000 households, marking one
European Union
Portugal is taking a significant step towards modernizing its transportation infrastructure as it signs a 30-year concession contract for the construction and maintenance of the Porto-Oia section of the Lisbon-Porto high-speed railway. The European Investment Bank (EIB) has approved a EUR3 billion financing package to support the construction of this
European Union
The European Investment Bank (EIB) has signed two €25 million loans with Iberdrola to finance the reconstruction and modernization of the power distribution grid affected by devastating floods in Valencia in October 2024. The project, part of Iberdrola's il.lumina initiative, aims to improve electricity supply security, benefit
European Union
The European Investment Bank (EIB) has signed two EUR25 million loans with Iberdrola to finance the reconstruction and climate-proofing of the power distribution grid affected by devastating floods in Valencia in October 2024. The financing will back investments from Iberdrola's il.lumina project, which aims to build a
European Union
The European Investment Bank (EIB) has approved a loan of up to EUR264 million to Snam, a leading European operator in gas infrastructure, to facilitate the integration of biomethane production plants into Italy's energy infrastructure. The project aims to promote the transition to a more sustainable and diversified
European Union
The European Union and Papua New Guinea (PNG) have strengthened their partnership, advancing new investment projects in port and water infrastructure under the EU's Global Gateway strategy. The partnership aims to modernize the Rabaul port, expand access to safe water, and create jobs, while also promoting trade, climate
