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Germany: Investment in Berlin’s electricity grid - BEN and EIB sign loan agreement
“With a loan volume of €380 million, we will be able to provide additional funds for investments in the capital’s electricity grid. This will enable our subsidiary, Stromnetz Berlin, together with the European Investment Bank, to secure Berlin’s long-term energy supply and prepare for the ongoing energy transition,” said Stephan Boy, managing director of BEN Berlin Energie und Netzholding GmbH, at today’s ceremonial signing of a loan agreement between BEN, as the financial and management holding company of Stromnetz Berlin GmbH, and the European Investment Bank (EIB). The signing took place at the Stromnetz Berlin substation on Alte Jakobstraße in Berlin-Mitte.
Aurubis secures € 200 million from EIB to drive recycling and copper production
Aurubis AG, a leading global provider of non-ferrous metals and one of the largest copper recyclers worldwide, formally signed an agreement with the European Investment Bank (EIB) for a € 200 million investment loan today. The five-year loan will support investment in two strategic projects at Aurubis: expanding copper refining at its Bulgarian site and scaling up metal recycling and environmental protection at its Hamburg plant.
Germany: EIB loan for new metro cars in Hamburg
Hamburger Hochbahn AG (Hochbahn) has signed a loan agreement with the EIB to finance 41 new DT6 metro trains. The contract was signed by EIB Vice-President Nicola Beer and Hochbahn CEO Robert Henrich, attended by Hamburg transport senator Anjes Tjarks.