Press Office
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To support the green transition in Kosovo*, the European Investment Bank (EIB) has signed a €33 million investment loan for the construction one of its largest solar photovoltaic plants near Pristina - with a capacity of up to 100 MWac (120MWp). By increasing the share and capacity of solar energy in power generation, the project will contribute to energy supply security, a faster green transition and economic growth in the region. Upon completion, the plant is expected to produce around 169 GWh of electricity and displace 174 000 tonnes of CO2 a year on average.
The European Investment Bank (EIB) approved a €700 million green loan to expand Iberdrola’s electricity-distribution grid in Spain. An initial, €500 million tranche was signed in Madrid by EIB Director General for European Union Operations, Jean-Christophe Laloux, and Iberdrola Finance, Control and Corporate Development Director José Sainz Armada.
The Central Bank of Malta (CBM) and the European Investment Bank (EIB) co-hosted a conference on EIB investment towards the green, digital and energy transition in small states at the Central Bank of Malta in Valletta on Friday 15 March 2024. The conference focused on the financing of the triple transition in small states: how best to finance the green, digital, and energy transitions, with an emphasis on the specific challenges faced by small states.