The EIB will be present from today at the 2017 annual meeting of the Inter-American Development Bank (IDB) in Paraguay, with the aim to continue working to strengthen European Union cooperation and collaboration with Latin America. The EIB Vice-President with responsibility for Latin America, Román Escolano, has travelled to Asunción to attend the meeting and to meet with economy, finance and development ministers from various Latin American countries, as well as representatives from several Latin American and international financial institutions. The EIB Vice-President is meeting with IDB President Luis Alberto Moreno today.
The EIB and BPER Banca Group are providing EUR 50m for energy efficiency projects implemented by businesses of all sizes via an agreement, announced today, between the European Union and the Emilian banking group. This operation is the first project in Italy based on European Commission guarantees and assistance under the Private Finance For Energy Efficiency (PF4EE) EU instrument and the LIFE Programme, which is a joint initiative between the EIB and the Commission to increase the volume of loans to support energy efficiency investment.
Research and Technology Organisations (RTOs) play a pivotal role in the European business landscape by bridging industry and academia and by adding value across the entire innovation value chain. However there is a need to optimise and complement RTOs’ traditional business model and funding strategies with new additional business models and funding strategies to allow them to successfully navigate through a changing funding landscape and make full use of existing business opportunities. This is the result of a study “Access to finance for Research and Technology Organisations (RTOs) and their academic and industrial partners”, launched today in Munich. The study was prepared by Innovation Finance Advisory under the EIB Group's InnovFin Advisory Partnership with the European Commission.
The EIB has signed two new credit lines for East-Africa this morning for a total of EUR 95 million (Kshs 10.45 billion) to be made available through Equity Bank and HFC Limited to support smaller local projects in Kenya, Tanzania, DRC and Uganda.
The EIB and the Arab Republic of Egypt signed today a loan agreement of EUR 115 million for financing a windfarm in the Gulf of Suez to further expand energy generation from renewable resources. The windfarm will contribute to meet growing electricity demand using sustainable wind energy.
La BEI a signé deux accords de prêt d’une valeur globale de 280 millions d’EUR avec Fraport Greece qui serviront à financer la modernisation de 14 aéroports régionaux en Grèce. L’opération bénéficie de la garantie du budget de l'UE au titre du Fonds européen pour les investissements stratégiques (FEIS), le pilier central du Plan d'investissement pour l'Europe.
During an official visit to Kenya, the EIB has pledged new support for projects in the power and transport sectors. Also, at a press conference In Nairobi with Cabinet Secretary for the Treasury Henry K. Rotich, the signature of a connectivity project was announced. The EIB’s three-day programme will include a site visit to the Lake Turkana Wind Park, the largest windfarm in sub-Saharan Africa developed by the private sector, which the EIB helped finance in 2014.
La BEI et Brabant Water, la compagnie de distribution d’eau dans la province néerlandaise de Brabant septentrional, ont signé un accord de prêt pour un montant de 150 millions d’EUR. Ce financement servira à soutenir le programme d’investissement 2016-2021 de Brabant Water.