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The European Investment Bank (EIB) completed a 10-month assignment helping Azerbaijan improve railway safety and reliability. The EIB’s advisory support, the first one completed under the Facility for Eastern Partnership Investment in Connectivity (EPIC), resulted in recommendations that will guide Azerbaijan Railways in a project to improve operational safety while reducing travels times, costs and greenhouse gas emissions.
The European Investment Bank (EIB) is lending Belgium-based Warehouses De Pauw (WDP), which develops and leases logistics properties across Europe, €250 million to install rooftop solar panels and increase electric-vehicle charging stations for tenants. The loan is for up to 10 years and will be directed towards existing WDP logistics centres mainly in Belgium, the Netherlands and Romania.
The EIB and the Spanish railway infrastructure company Adif Alta Velocidad (Adif AV) have signed a €430 million loan to build the Vitoria/Gasteiz-Bilbao-Donostia/San Sebastián high-speed rail line. The line, called “Y vasca”, will provide a high-speed link between the three capitals of the Basque Country region in Spain and strengthen connections with the rest of the Iberian Peninsula and Europe.