eib

3Sun, the solar module manufacturing subsidiary of Italian utility Enel has secured €560 million (US$612 million) in financing for its heterojunction module assembly plant in Sicily, Italy.

CTP has secured a €200 million loan from the European Investment Bank to support its deployment of solar modules.

The European Investment Bank (EIB) has granted a €575 million (US$637 million) loan to Spanish oil major Repsol to roll out 1.1GW of renewables in Spain.

The European Investment Bank will loan €300 million to Banco Santander (Brasil) to build 600MWp of small-scale solar in Brazil.

The European Investment Bank has announced plans to increase its funding for its REPowerEU project by €15 billion.

Spanish utility Endesa has signed two loans with Instituto de Crédito Oficial (ICO), a Spanish state finance agency, and the European Investment Bank (EIB) worth €500 million to fund solar and wind projects in the country.

Spanish utility Iberdrola has signed a financing agreement worth €1 billion (US$1.08 billion) with the European Investment Bank (EIB) to build 19 solar power plants and three onshore wind farms in Europe.

Greek transmission system operator Independent Power Transmission Operator (IPTO) has signed a long-term loan agreement with the European Investment Bank (EIB) to finance a power connector between mainland Greece and outlying islands.

The European Investment Bank (EIB) has signed separate agreements with Polish state-owned utility PGE Polska Grupa Energetyczna (PGE) and Czech energy utility company ČEZ to help modernise the distribution networks of both countries.

At the United Nations COP27 conference, the European Investment Bank (EIB) and AllianzGI have announced the mobilisation of US$100 million to Alcazar Energy Partners II, a fund which facilitates the development, construction and operation of renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia.