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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Waldevar Energy builds utility-scale PV parks in Romania

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Industry

Lidl Romania exceeds 2030 sustainability targets early

Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.