Tag: The European Investment Bank (31 articles)

Energy   |   23 May, 2025 at 7:20 AM

EIB funds Polish wind farms

The European Investment Bank (EIB) has signed a financing agreement worth €700 million to support the construction of two major offshore wind farms—Bałtyk 2 and Bałtyk 3—developed by Norway's Equinor and Poland's Polenergia along the Polish coast of the Baltic Sea.

Finance   |   13 March, 2025 at 7:53 PM

EIB financing in Poland hit €5.7 billion in 2024

The European Investment Bank (EIB) Group's financing in Poland rose 10% on the year in 2024, reaching €5.7 billion and helping accelerate modern development of cities and regions, as well as energy transition.

Industry   |   12 December, 2024 at 9:00 PM

EIB and Commerzbank strengthen Europe's wind industry

The European Investment Bank (EIB) is using again its €5 billion initiative to support manufacturers of wind-energy equipment in Europe by extending a €500 million counter-guarantee to Germany-based Commerzbank AG.

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Energy

EDP inaugurates Albina solar plant in Romania

EDP, through EDP Renewables, a global leader in the development of renewable energy, has inaugurated the Albina photovoltaic power plant – an important step for the company.

Environment

Auchan Romania introduces mixed packaging return system

Auchan Romania is expanding its options for collecting beverage containers made of PET, aluminum, and glass marked with the DRS (Deposit Return System) symbol by introducing an innovative system uniquely capable of accepting all three types of packaging in bulk, without requiring prior separation by the consumer.

Environment

EU launches €1 billion ocean pact

The European Commission has adopted a new European Ocean Pact, a bold initiative aimed at protecting marine ecosystems while fostering a sustainable blue economy and supporting the well-being of coastal communities.