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Spain: EIB to lend €500 million to Renfe to modernise and expand Rodalies fleet in Catalonia
The European Investment Bank (EIB) and Renfe have signed a €250 million loan to finance the purchase of 101 electric trains that will expand and upgrade Catalonia’s commuter (Rodalies) and medium-distance train fleet. This loan represents the first tranche of a €500 million loan approved by the EIB, which will play a crucial role in improving passenger rail services across the region.
Spain: EIB Advisory helps develop groundbreaking Thirty Meter Telescope project in La Palma
The European Investment Bank (EIB) has announced InvestEU Advisory Hub-backed advisory support for the development of the Thirty Meter Telescope (TMT) on the Spanish island of La Palma, a project that will place Europe at the forefront of global astronomical research. The initiative, led by the Instituto de Astrofísica de Canarias (IAC), involves an international consortium of research institutes, private universities and governments, including the United States, Japan, India and Canada.
Spain: EIB Group and Sabadell unlock €1.8 billion in financing to support small and medium businesses and mid-caps
The European Investment Bank Group (EIB Group), comprising the European Investment Bank (EIB) and the European Investment Fund (EIF), has participated in a mortgage bond and a securitisation transaction arranged by Sabadell, investing a total of €822.5 million. The investment will enable Sabadell to mobilise approximately €1.8 billion to finance the liquidity and investment needs of small and medium-sized enterprises (SMEs) and mid-caps in Spain.