Press secretariat

The Boards of Directors of the European Investment Bank (EIB) Group approved €6 billion in new financing to promote clean energy, climate-resilient agriculture and European competitiveness. The EIB Board backed renewable energy in Austria, electricity grid upgrades in Germany, energy efficiency improvements for buildings in Slovakia and Sweden, and a new food manufacturing facility in Portugal. The Board also supported a research and development project to develop field crop and vegetable seed varieties across Europe for improved yields and resilience to climate-related stresses.

Hamburg – The European Investment Bank (EIB) is providing strategic financing to two of Hamburg’s municipal companies to support the expansion of the city’s infrastructure. Hamburg Energienetze GmbH (HNE) will receive EUR 1 billion to back comprehensive modernisation of the city’s electricity distribution grid, while vhh.mobility (Verkehrsbetriebe Hamburg-Holstein GmbH) will obtain EUR 125 million to purchase 188 new electric buses and expand its operating infrastructure.

A new Ukrainian clinic and administrative centre have opened in the southeastern Dnipropetrovsk region following construction that the European Investment Bank (EIB) helped finance under its recovery programme for the country. Built from scratch during Russia’s war against Ukraine, the two facilities are located near the city of Dnipro and will strengthen healthcare and a range of public services for thousands of local residents including internally displaced people.