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InvestEU: EIB provides €45 million to BrianzAcque to improve water and sewerage network efficiency and resilience
The European Investment Bank (EIB) has granted a €45 million loan to BrianzAcque, the publicly owned integrated water service company for the Italian province of Monza and Brianza, to back its 2025-2029 investment plan. The agreement announced by EIB Vice-President Gelsomina Vigliotti and BrianzAcque Chairperson and Chief Executive Officer Enrico Boerci aims to improve the efficiency of water and sewerage infrastructure in the municipalities served, benefiting around 877 000 people.
Polish Mid-Caps to get green financing support as EIB bolsters lending by Credit Agricole Bank Polska
Polish businesses will get a green financing boost as a result of a €50 million European Investment Bank (EIB) loan to Crédit Agricole. The French lender’s Polish subsidiary, Credit Agricole Bank Polska, will use the EIB credit to generate up to €100 million in new loans for Mid-Caps across Poland.
Latvia to get solar-power boost as energy company Sunly receives almost €85 million international financing
Latvia is set to get more clean energy as a result of almost € 85 million in international financing for renewable-electricity provider Sunly. Estonia-based Sunly will use the loans from the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD) and SEB to build four solar parks in Latvia with total capacity of 329 megawatts (MW) – enough to meet the annual electricity consumption of up to 180,000 households.