Spain

The Board of Directors of the European Investment Bank (EIB) has approved €1.7 billion in financing to back construction on the high-speed line being built by Adif (Adif AV) between the Spanish cities of Burgos and Vitoria. An initial loan tranche of €325 million will be signed in the coming days. The signature of the initial tranche of this loan will bring EIB support for high-speed rail in Spain to over €13.7 billion to date.

The European Investment Bank (EIB) has signed a €90 million loan with the Extremadura regional government (the Junta de Extremadura) to co-finance agriculture projects in the Spanish region. The EIB loan and Junta de Extremadura co-financing will back projects contributing to competitiveness and sustainability in Extremadura’s agricultural sector.

The European Investment Bank (EIB) has signed a €20 million loan with Overture Life SLU to invest in the automation of assisted reproductive processes and the use of AI to improve IVF (in-vitro fertilization) pregnancy outcomes and fertility preservation. The agreement was signed during the Women Leaders in Life Science conference organised by the European Investment Bank Group (EIB Group) as part of Bio-Europe taking place in Vienna Nov 4.