The EIB Institute is delighted to announce the 15 finalists selected for the 11th Social Innovation Tournament (SIT), to be hosted by EIB Secretary General Marjut Falkstedt on 29 September in Vienna. The tournament is held each year in a different EU capital to reward and sponsor European social entrepreneurs whose primary purpose is to generate a social, ethical or environmental impact. This year, the award ceremony will take place at Erste Campus, the headquarters of Erste Group, and is supported by ERSTE Foundation.
The European Investment Bank (EIB) has provided a loan to Österreichische Bundesforste AG to finance the construction and operation of four additional wind turbines to extend the capacity of the Pretul wind farm in the Austrian state of Styria. The overall project cost is estimated at €21 million.
The European Investment Bank (EIB) and UniCredit Bank Austria will support investments in small and medium-sized renewable energy and energy efficiency projects in Austria. The EIB will make a framework loan of up to €92 million available to the Austrian bank, which will then create a credit portfolio of up to €200 million for financing clean energy projects.