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Spain: EIB and Ingeteam sign a €75 million loan to develop advanced renewable energy and electrification technologies
The European Investment Bank (EIB) and Ingeteam have signed a €75 million loan to invest in research, development and innovation in advanced renewable energy and electrification technologies. Ingeteam is a company specialising in electrical energy conversion through the development of rotating electrical machines, power electronics, control and automation, and digital intelligence. Headquartered in Zamudio, Spain, the company operates in 15 countries. It is one of Europe’s top ten manufacturers of photovoltaic inverters, and this marks its fifth financing agreement with the EIB.
Spain: The EIB will provide €500 million in funding for the modernisation and expansion of the Basque Country’s hospital and primary care network
The European Investment Bank (EIB), part of the EIB Group, and the Government of the Autonomous Community of the Basque Country today signed the first €250 million tranche of a loan approved for a total value of €500 million to modernise and expand healthcare infrastructure in the Basque Country in Spain.
Spain: EIB and INBONIS sign agreement to support access to financing for European startups and scaleups through credit ratings
The European Investment Bank (EIB), through its advisory services (EIB Advisory) is exploring how to leverage external credit ratings to facilitate access to finance for innovative startups and scaleups in Europe. The initiative will support companies backed by EIB venture debt instruments by facilitating first-time independent credit ratings from ESMA-registered agencies. This tailored service will support companies that are strategic for Europe’s competitiveness and strategic autonomy.