Tag: EIB

EIB loaned 120 million euros to Electrica for distribution network modernization – Romania, 16 July 2021

The European Investment Bank (EIB) agreed on a new 120 million euros loan to Distributie Energie Electrica Romania (DEER), the electricity distribution subsidiary of the Electrica Group. The first-ever EIB financing for DEER will support upgrades and modernization of the electricity distribution Full article available for subscribers of Energy NEWS service (PDF publications, energy news, […]

PPC to upgrade distribution network with 330 million euros EIB loan – Greece, 25 June 2021

Greek Public Power Corporation (PPC) will receive a loan worth 330 million euros from the European Investment Bank (EIB) to upgrade its power distribution grid and facilitate the wider penetration of renewables. The 20-year loan will be disbursed through several financing contracts, the second on Full article available for subscribers of Energy NEWS service (PDF […]

EIB to support post-lignite investments in Greece – Greece, 25 June 2021

Greek Minister of Energy Kostas Skrekas and President of the European Investment Bank (EIB) Werner Hoyer have signed a financing agreement set to unlock plans for high-impact sustainable energy, green mobility, social housing and environmental investment, along with boosting employment in western Ma Full article available for subscribers of Energy NEWS service (PDF publications, energy […]