The European Investment Bank (EIB) and Commerzbank have agreed new cooperation to support €1.2 billion of new energy investment in Germany, designed to support local energy projects, address pressing investment needs in the sector and accelerate the country’s energy transition.
The European Investment Bank (EIB) is investing €25 million in German start-up Trailer Dynamics, a pioneer in trailer electrification technology. This funding will accelerate the company’s scale-up, production, and market rollout, reinforcing Europe’s technological leadership in the electrification of freight transport.
New financing enables modernization and expansion of Karlsruhe’s electricity grid – and district heating. Programme is central to plan for 100% CO2-neutral district heating.