European Investment Bank

European Investment Bank

EIB approves EUR 10bn new loans and launches EFSI initiative

Some EUR 10bn of financing for new investment across Europe and around the world was agreed for a total of 45 projects, including 5 schemes expected to come under the European Fund for Strategic Investments (EFSI). EIB President Werner Hoyer, European Commission President Jean-Claude Juncker and Vice President Jyrki Katainen signed agreements on the formal establishment of EFSI and the European Investment Advisory Hub.


EIB backs road and tunnel safety in Italy

The EIB and the Italian Ministry of Economy and Finance signed an agreement to finance Anas’s three-year plan to upgrade the Italian road network. The loan amounts to EUR 133m, the first tranche of a total financing of EUR 300m. Investments covering 5 800km will be made on some 170 roads and motorways managed by Anas.


EIB Group’s first participation in investment fund in France dedicated to renewable energies

The day after the EIB Group and the European Commission signed an agreement to implement the Investment Plan for Europe, the EIB signed its first equity participation under the plan. A EUR 50m commitment to an investment fund managed by Omnes Capital and entirely dedicated to developing renewable energies: Capenergie 3.


Support for Spanish SMEs

The EIB has granted a EUR 500m loan to Banco Santander and a EUR 100m loan to Santander Consumer Finance (SCF) to support SMEs and midcaps, which are important drivers for growth and job creation. Banco Santander and SCF will make available another EUR 600m, bringing the total amount for SME finance to EUR 1.2bn.

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