Tag Archives: BEI

Naturgy and the EIB agree on a €1 billion loan to invest in solar photovoltaic and onshore wind energy projects in Spain

Naturgy and the EIB have signed a first tranche of this financing worth €400 million of the total approved €1 billion. The loan will finance the start-up of new renewable energy plants and the repowering and hybridisation of existing ones. Upon completion, the project is expected to generate green energy equivalent to the approximate average … Continue reading Naturgy and the EIB agree on a €1 billion loan to invest in solar photovoltaic and onshore wind energy projects in Spain

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EIB signs €50 million green loan with Matrix Renewables to deploy 5 new solar photovoltaic plants in Spain

EIB signs €50 million green loan with Matrix Renewables to deploy 5 new solar photovoltaic plants in SpainThe loan will support the design, construction, and operation of 5 new solar photovoltaic plants with an installed capacity of 240 MW in the regions of Castilla León and Extremadura.The project contributes to consolidate the EIB’s position as … Continue reading EIB signs €50 million green loan with Matrix Renewables to deploy 5 new solar photovoltaic plants in Spain

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The EIB grants a loan of 575 million euros to Repsol for wind and solar energy in Spain

The financing signed today amounts to 400 million euros and is the first tranche of the total approved loan, which will be used to finance wind farms and photovoltaic plants with a total capacity of 1.1 GW. It contributes to the goal of the REPowerEU plan to increase energy security by reducing the European Union’s … Continue reading The EIB grants a loan of 575 million euros to Repsol for wind and solar energy in Spain

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Iberdrola signs a €1,000 million loan with the EIB to accelerate the energy transition in Europe

The European Investment Bank (EIB) and Iberdrola have signed a new financing agreement worth €1 billion to fast forward the energy transition in Europe by building an extensive network of 19 solar power plants and 3 onshore wind farms in Spain, Portugal and Germany.  With a total installed capacity of 2.2 GW, the projects envisage … Continue reading Iberdrola signs a €1,000 million loan with the EIB to accelerate the energy transition in Europe

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Iberdrola and EIB sign a new €550 million green loan to boost smart grids in Spain

The project will contribute to the electrification of the Spanish economy and improved efficiency via better automation and control mechanisms, through the digitization of electrical networks The funds will be allocated to the investment plan covering this infrastructure that i-DE – Iberdrola’s Spanish distributor – will develop for €1.5 billion between 2021 and 2023 This … Continue reading Iberdrola and EIB sign a new €550 million green loan to boost smart grids in Spain

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EIB and Iberdrola sign two financing agreements for 690 million euros for wind energy in Brazil

The EU Bank will finance with 250 million euros 15 wind farms that the company will build in northeastern Brazil. This is the first agreement signed between the entity and Neoenergia, a Brazilian subsidiary of Iberdrola. The 440 million euros allocated to Iberdrola distribution networks in Spain will strengthen these infrastructures and make them smarter … Continue reading EIB and Iberdrola sign two financing agreements for 690 million euros for wind energy in Brazil

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The EIB signs a loan of 50 million euros for wind energy in Navarra with Iberdrola and Caja Rural de Navarra

The Cavar wind farm, consisting of four wind power parks with a total capacity of 111 MW, will be operational in the first quarter of 2020. This new renewable project will allow the creation of up to 200 jobs during its construction. The wind energy project is being developed by Renovables de la Ribera, a … Continue reading The EIB signs a loan of 50 million euros for wind energy in Navarra with Iberdrola and Caja Rural de Navarra

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EIB and EDPR support the development of wind energy in Brazil

Climate action in Latin America: the EIB and EDPR support the development of renewable energies in Brazil. The EIB grants EUR 150 million to EDPR Brazil to finance wind power and solar energy plants. The agreement will help the country meet the climate objectives established in COP21. Employment: the project will create 1,900 jobs during … Continue reading EIB and EDPR support the development of wind energy in Brazil

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