The EIB has confirmed the authorisation to conclude the EUR 400 m loan to SAAB Automobile AB in accordance with the terms and conditions approved by the Board of Directors on 21 October 2009 and to conclude the guarantee agreement with the Swedish National Debt Office, as the loan is subject to a state guarantee which the Swedisch Government approved on 26 January 2010. The EU Commission approved the Swedish state-guarantee for the Bank's loan to SAAB on 8 February 2010.
EIB Advisory to accelerate clean energy and just transition in four European coal regions
The need to accelerate Europe’s transition and reinforce its energy autonomy while fostering decarbonisation is more pressing than ever before EIB Advisory supports EU regions historically dependent on coal, peat, and oil shale.