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The European Investment Bank (EIB) has agreed to support EVN AG’s investments in wind farms with an overall capacity of 103 MW, providing 72 650 Austrian households with green electricity. The project is expected to be completed by early 2025, and the €110 million loan to co-finance it is part of the EIB’s contribution to the REPowerEU plan.
The European Investment Bank (EIB), the world's largest multilateral public bank, and Sicredi, a cooperative financial institution operating in all regions of Brazil, signed an agreement aimed at fostering the use of renewable energy in Brazil. Ricardo Mourinho Félix, Vice-President of the EIB and César Bochi, CEO of Banco Cooperativo Sicredi, signed a €200 million loan in Brasilia, which will be used by Sicredi to finance the installation of photovoltaic panels on homes, small and medium-sized businesses and rural properties.
The European Investment Bank (EIB), the bank of the European Union, and JSC Ukrainian Railways (Ukrzaliznytsia) have signed an EU grant agreement in Kyiv worth €6.7 million to back the company’s activities during Russia’s full-scale war against Ukraine. The EU grant will cover the most urgent needs of Ukraine’s only railway company, which is keeping the country’s economy and people moving amid a brutal second year of war.