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European Investment Bank

European Investment Bank


EIB Group welcomes conclusion of Trilogue talks on EFSI

The EIB welcomes the timely agreement by representatives of the European Parliament, the Council, and the European Commission, on a Regulation establishing the European Fund for Strategic Investments (EFSI). In launching the Investment Plan for Europe, speed is of the essence. The EIB Group has already expanded our financing for sectors and project types which will be targeted by EFSI, in anticipation of its creation.

 

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 ICO: EUR 2.8bn to support Spanish companies

The EIB and the Instituto de Crédito Oficial (ICO) signed three loan operations which will benefit Spanish small businesses to the tune of EUR 2.8bn. Improving access to finance for Spanish SMEs is at the heart of these financing agreements, which help lay the permanent groundwork for economic recovery and job creation.

 

EIB and EBRD to provide financing for Grupa Azoty’s expansion

The EIB and the European Bank for Reconstruction and Development (EBRD) are teaming up to support further expansion of Grupa Azoty, Poland’s leading chemical and fertiliser company. The agreement consists of two separate 10-year loans: a EUR 134m loan from the EIB and a EUR 37m loan from the EBRD.

 
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