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European Investment Bank

European Investment Bank


Investment Plan for Europe to support renewable energy and strategic infrastructure projects

New investment in energy efficiency, renewable energy and strategic energy infrastructure, is among the more than EUR 8 billion of financing approved by the EIB Group’s Board of Directors at the May meeting. The board has approved loans for a total of 21 projects, four of which are earmarked for potential support from an EU budget guarantee under the European Fund for Strategic Investments (EFSI).

 

EIB and Georgia agree on co-operation in agri-food sector

The EIB has committed to financing the agri-food sector in Georgia – a first for the EU Bank. EIB Vice President Wilhelm Molterer and Georgia’s Agriculture Minister Otar Danelia have signed a Declaration of Intent to set up a financing facility for the benefit of small and medium sized enterprises active in the wine industry and horticulture.

 

EIB and Bankinter: EUR 400m for innovative SMEs

The EIB has granted a EUR 200m loan to Bankinter for financing projects by innovative SMEs and midcap companies in Spain. The loan was signed in Madrid by EIB Vice-President Román Escolano and Bankinter's CEO, Maria Dolores Dancausa. Bankinter will match EIB financing with a further EUR 200m, making a total of EUR 400m available to innovative small businesses.

 

First ever EFSI financial transaction signed

The European Investment Fund and Bpifrance have signed the first ever financial operation to benefit from a guarantee under the Investment Plan for Europe. The EUR 420m funding operation will allow Bpifrance to support innovative French SMEs and midcaps over the next two years. The signature was welcomed by French Minister for the economy, Emmanuel Macron as well as European Commissioners Katainen and Moedas, and EIB Vice-President Fayolle.

 
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