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European Investment Bank

European Investment Bank


EIB, SACE and FCA agree EUR 600m loan for research activities in Italy

The EIB, SACE and Fiat Chrysler Automobiles (FCA) have signed a EUR 600 million loan package to support the automotive group’s research, development and production plans in Italy. The three-year collaborative loan is supported by the EIB-European Commission InnovFin initiative and will also meet the Bank’s objectives to support projects that protect the environment through the reduction of emissions and improved energy efficiency.

 

EIB welcomes final approval by Parliament and Council of EFSI Regulation

The EIB welcomes the final approval by the European Parliament and the Council of the Regulation establishing the new “European Fund for Strategic Investments” (EFSI). EFSI will be established within and managed by the EIB, providing catalytic, risk-bearing capacity and unlocking additional financing of at least EUR 315 billion for strategic investments in Europe.

 

EIB and ING cooperate to boost investments in innovative projects in Belgium

The EIB and ING Belgium have signed an agreement under the EIB-European Commission InnovFin Midcap Guarantee programme to increase lending to innovative Belgian companies. The EIB will guarantee up to EUR 150m in this risk-sharing agreement, which aims to foster growth and competitiveness in Europe and offer new loans to midcap customers undertaking research, development and innovation projects.

 

EIB backing for wastewater treatment plant in Finland

The EIB has provided a EUR 100m loan to the Helsinki Region Environmental Services to finance the construction of a wastewater treatment plant set to serve a population of some 500,000 at a new location in Blominmäki, Espoo. The energy efficient plant will perform to very high environmental standards and replace an ageing plant in the Helsinki region.

 
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