Press Releases "Projects"
Below is the list of press releases "Projects".
EIB backs remote aviation investment in the South Pacific
- Release date: 26/03/2013
The EIB has agreed to help examine safety improvements, upgrading of terminal facilities and more efficient power use at airports in the Cook Islands and Samoa. The USD 1.1m technical assistance programme (EUR 850,000) will be used to improve preparation of key investment expected to improve tourism, regional integration and economic development.
Italy: EUR 350 million loan to STMicroelectronics for R&D projects
- Release date: 26/03/2013
The EIB has signed a EUR 350 million multi-currency loan in support of STMicroelectronics (ST) for multiannual research and development (R&D) programmes by Europe’s leading semiconductors group.
EIB and Banque de Tahiti help business investment in French Polynesia
- Release date: 25/03/2013
The European Investment Bank has agreed to provide EUR 8m to the Banque de Tahiti to support long-term financing of eligible investment projects by small and medium sized companies in French Polynesia. Support from the European Investment Bank, Europe’s long-term lending institution, will be matched by the Banque de Tahiti. The loan agreement was signed in Papéete by Pim van Ballekom, European Investment Bank Vice President responsible for lending in the Pacific and Patrice Tépélian, Director General from Banque de Tahiti
Italy: EUR 1 520 million to complete the BreBeMi motorway
- Release date: 25/03/2013
The financing agreement for the BreBeMi motorway was signed by the EIB, the Cassa Depositi e Prestiti Group (via CDP and SACE) and five Italian banking groups (Intesa Sanpaolo, Unicredit, MPS Capital Services, Centrobanca and Credito Bergamasco). The total funding made available for the completion of the 62 km section of the Brescia-Bergamo-Milan motorway amounts to EUR 1 520 million.
Hungary: EIB continues to support student loans
- Release date: 21/03/2013
The EIB is lending EUR 100 million to the Student Loan Centre (Diákhitel Központ) in Hungary to be on-lent to students pursuing undergraduate and graduate degrees at Hungarian higher education institutions.
France: EUR 75 million to improve traffic flows and safety on motorway network
- Release date: 21/03/2013
Improving traffic flows and safety on motorways while reinforcing environmental protection, this is the aim of the EUR 75 million finance contract signed by the EIB, the APRR (Autoroutes Paris-Rhin-Rhône) and the Eiffage Group. This loan follows a first EUR 75 million instalment signed in November 2012, bringing total EIB financing of this project to EUR 150 million.
France: EUR 500 million finance agreement to upgrade France’s power grid
- Release date: 20/03/2013
The EIB has agreed to participate in the financing of seven high voltage and very high voltage power grid upgrading projects in France over the period 2012-2016. This participation takes the form of a loan totalling EUR 500 million, of which a first tranche of EUR 300 million was signed between the EIB and RTE. The second EUR 200 million tranche of the loan will be signed in 2014.
EIB supports EADS innovation programmes
- Release date: 18/03/2013
The EIB and EADS have announced the signature of a EUR 300 million finance contract in support of EADS Group’s innovation and R&D programmes. This loan reflects the long-standing quality partnership that has formed between the EIB and EADS over the past ten years. It represents the second tranche of a first agreement signed in August 2011, whereby the EIB already made available EUR 500 million to EADS. This new finance contract brings the total volume of the EIB support under this agreement to EUR 800 million.
Russia: First EIB intermediated loan to support SMEs and mid-caps signed
- Release date: 15/03/2013
The EIB is lending EUR 200 million to Vnesheconombank to finance projects promoted by SMEs and mid-caps in the Russian Federation. The EIB funds will co-finance projects fostering the development of the private sector, improving social and economic infrastructure and addressing climate change mitigation and adaptation.
