The European Investment Bank (EIB) is committing €34 million for an expansion of solar-power production in Romania. The EIB financing is to support the construction and operation in southwestern Romania of three photovoltaic plants that will have a combined capacity of 190 megawatts (MW) – enough to power more than 160,000 homes in the country.
Quantum Systems has secured €150M financing backed by the European Investment Bank, Commerzbank, KfW and Deutsche Bank. The agreement highlights a growing commitment to ensuring that security-related innovation can be developed and scaled with European capital.
Czechia will upgrade and expand its electricity network with a European Investment Bank (EIB) loan totalling 9.3 billion Czech korunas (around €380 million). Czech transmission system operator ČEPS a.s. will use the EIB credit to renew and extend high-voltage infrastructure across the country.