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European Investment Bank

European Investment Bank


The D20: financing sustainable growth

The second meeting of the heads of the national financial institutions of the G20 countries and the multilateral development banks took place in Rome in early July, hosted by Cassa Depositi e Prestiti (CDP) and the European Investment Bank (EIB). CDP President Bassanini and EIB President Hoyer will deliver the event message to the G20 political leaders, confirming joined-up action on the priorities to support economic growth, create jobs and improve productivity.

 

Investment in critical infrastructure in the UK

The EIB is lending GBP 190m to support a range of investments by Arqiva, including the roll out of smart metering across the North of England and Scotland, and the expansion of digital radio and further WiFi connectivity. The investments will help reduce energy bills through the smart meters and support the company’s commitment to connectivity for everyone.

 

Renewable energy and energy efficiency in Poland

The EIB is supporting Tauron Polska Energia’s investments in renewable energy and energy efficiency with a PLN 295m (EUR 71m) loan. The company is expanding its distribution networks in Southern Poland, adding around 11 000 new connections, as well as modernising and refurbishing several of its hydropower plants.

 

Improving Düsseldorf’s public transport

The EIB is lending Rheinbahn EUR 150m to support their extensive public transport modernisation programme in Germany’s Greater Düsseldorf area, home to over one million people. New trams and buses, more reliable, efficient and greener, are to be purchased, and the passenger service will be improved and extended.

 
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