News EU bank lends €1bn for green power schemes in ‘empty Spain’ The European Investment Bank (EIB) will lend Spanish utility Naturgy €1bn to increase renewable power generation by 2.3GW, enough to power over a million homes. Naturgy will use the money…
News EIB finances €480m Helsinki hospital The European Investment Bank (EIB) has approved a €100m tranche of funding for the Laakso hospital complex in Helsinki, bringing the total amount loaned to €480m. The scope of work…
News Europe funds €900m recovery effort for flood-hit Spain The European Investment Bank (EIB) has announced an initial €900m recovery and reconstruction package for Spain following floods in the provinces of Cuenca and Valencia that led to more than…
News EU agrees €430m loan for high-speed rail line in the Basque country The European Investment Bank (EIB) and publicly-owned Spanish infrastructure group Adif Alta Velocidad have agreed to loan €430m towards a 182km high-speed rail line in Spain’s Basque Province. The double-track…
News EU releases €2bn more to help quake-hit Italy rebuild The European Investment Bank (EIB) has agreed a further €2bn to help rebuild areas in central Italy damaged by earthquakes in 2016 and 2017. Half the money will be a…
News Morocco starts process of building Africa’s first wind farm Morocco is looking for a consultant to do a feasibility study on an offshore wind project that could be Africa’s first. The Moroccan Agency for Sustainable Energy (Masen) and the…
News EU to lend €325m for 120km Albania rail line Albania has been awarded loans worth €325m to fund the modernisation of a 120km rail link between Vorë in the centre of the country to Hani i Hotit in its…
News European Investment Bank awards €200m to Germany for refugee housing The European Investment Bank (EIB) is to loan the west German state of North Rhine-Westphalia €200m to finance housing for refugees. The money will be channelled through a refugee programme…