Ioannis Tsakiris

The European Investment Bank (EIB), through its development arm EIB Global, the Inter-American Development Bank (IDB) and the European Commission have announced a significant co‑financing package to modernise and reinforce Paraguay’s electricity transmission system. The operation will support the construction of the new 500/220 kV Emboscada substation and associated transmission lines. This strategic investment will strengthen the interconnected national system, improve security of supply for the metropolitan and central systems, and create the backbone for further renewable energy and interconnection projects.

La Banque européenne d’investissement (BEI), par l’intermédiaire de ses services de conseil, va accompagner le constructeur aérien allemand VÆRIDION dans la mise au point d’un avion de transport régional entièrement électrique. Le soutien consultatif, fourni dans le cadre du programme d’assistance au développement de projets au titre du Fonds pour l’innovation de l’UE, est destiné à aider l’entreprise dans le développement de son programme Microliner en vue de sa production industrielle et dans la perspective de futurs investissements.

The European Investment Bank (EIB) will advise its Romanian counterpart on strengthening water networks across the country. Under a new advisory services agreement, the EIB will provide advisory support and capacity building to the Romanian Investment and Development Bank (BID) to advance  climate-resilient water and wastewater infrastructure in Romania. Romania plans to upgrade ageing water infrastructure to address increasing climate risks – including more frequent droughts and floods – while ensuring compliance with European Union environmental legislation. The advisory accord was signed today at the annual EIB Forum in Luxembourg and stems from a request by the BID, which is seeking to reinforce its capacity to assess, structure and monitor water projects that enhance long-term climate resilience. The EIB is one of the world’s largest multilateral investors in the water industry and has long been a major supporter of Romanian initiatives in the sector. The new agreement with EIB Advisory will strengthen the BID’s role as a national financial intermediary, helping translate Romania’s climate-adaptation and water-management strategies into bankable investments fully aligned with EU legislation and EIB standards.