Tag: eib
€500 Million Green Loan Signed For 315 MW Offshore Wind Farm
The European Investment Bank (EIB) has signed a €500 million green loan to Iberdrola with backing from the Spanish export credit agency, Cesce. Iberdrola is the largest electric utility in Europe, employing over 45,000 people. The Windanker offshore wind farm will have 315 MW of capacity when completed. It is … [continued]
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The EIB Lent €7 Billion to Dirty Transport Projects — Analysis
After declaring itself a ‘climate bank’, the EU investment bank still financed new roads and airport expansions. The European Investment Bank (EIB) lent more than €7 billion for new roads, airport expansions and other transport projects that will increase CO2 emissions. That’s according to a new analysis of its transport loan book … [continued]
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