EIB will lend €300 million to the Czech Republic's national railway operator, České dráhy, to buy new train carriages and locomotives as well as upgrade existing ones.
The European Commission has approved a €2.5 billion (CZK 60 billion) Czech scheme to help manufacturing companies decarbonize their production processes and improve their energy efficiency to foster the transition to a net-zero economy, in line with the Green Deal Industrial Plan.
The renovated railway service in South Moravia, one of the biggest Cohesion Policy investments in the Czech Republic, was inaugurated and opened to passengers. The renovation of this line, involving - 37 new electric units - will contribute to the de-congestion of traffic during peak hours in the busy South-Moravian railway, which transports approximately 22 million passengers every year.
The energy group Premier Energy has bought new projects in Romania with a capacity of approximately 41 megawatts, for which it paid €13 million.
EIB and Czech fund Inven Capital have doubled up on their strategic partnership, with the EIB committing a further €50 million to fund innovative clean-tech and decarbonisation startups. The EIB invested the initial €50 million alongside Inven over the period 2017-2022.
Romania is increasingly positioning itself as a promising destination for green investments, with several sectors showing strong potential.
Polski Holding Nieruchomości (PHN) has secured €8 million in preferential financing from the National Fund for Environmental Protection and Water Management for an 18 MW photovoltaic (PV) installation.
Romania's prosumer sector is booming, with installed capacity reaching 2.44 GW at the end of January—an impressive 63% increase compared to the same time last year.
Polish firm Węglokoks has secured €11.63 million in funding to develop a photovoltaic (PV) farm and an energy storage facility.
The Polish government has submitted to parliament a long-awaited draft amendment to the legislation governing onshore wind farm investments.
