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EIB stands ready to frontload future revenues from emissions trading and provide financing to Member States to fast-track investments that cut energy bills for households and small businesses
The Board of Directors of the European Investment Bank (EIB) approved a €3 billion financing initiative to fast-track energy efficiency upgrades for low and middle-income households and small businesses across Europe in parallel to the deployment of the new Emissions Trading System for buildings and road transport (ETS2). Under the plan designed in partnership with the European Commission, eligible investments also include sustainable transport solutions. The allocated financing may increase depending on market demand.
Central and Eastern Europe to get hundreds more electric-vehicle charging hubs with €35 million EIB loan to Eleport
Central and Eastern European countries will gain hundreds of new electric-vehicle charging stations as a result of a €35 million loan that network operator Eleport is receiving from the European Investment Bank (EIB). Eleport will use the EIB credit to deploy more than 250 fast-charging hubs at major shopping and commercial centres in Croatia, Czechia, Estonia, Latvia, Lithuania, Poland, Slovakia and Slovenia.
Poland: PESA receives PLN 210 million from EIB for growth and expansion
The EIB has signed an agreement with PESA Bydgoszcz S.A. for around PLN 210 million (€50 million), joining an international financial consortium that will support the company’s modern development and further international expansion with up to PLN 6.8 billion. The Bydgoszcz rolling stock manufacturer plans to double production capacity through automation and robotisation, introduce new zero-emission rail vehicles to the market, and expand its international presence.