Maite Cordero
- European Investment Bank
- Communication Department
- Calle José Ortega y Gasset, 29
- 28006 Madrid
The European Investment Bank (EIB) has signed a €265 million loan with the regional government of Madrid to help promote green, social and digital investments in the region. The credit supports the 2021-2027 operational programme for the Madrid region of the European Regional Development Fund (ERDF), which advances EU cohesion-policy goals.
The European Investment Bank (EIB) approved a €700 million green loan to expand Iberdrola’s electricity-distribution grid in Spain. An initial, €500 million tranche was signed in Madrid by EIB Director General for European Union Operations, Jean-Christophe Laloux, and Iberdrola Finance, Control and Corporate Development Director José Sainz Armada.
The European Investment Bank (EIB) and Basque Country-based Otua Group have signed a €40 million loan to finance the construction of a new plant for recycling plastics from automotive waste and to upgrade existing facilities for processing metal waste.