The European Investment Bank approved €17.4 billion ($20 billion) in financing, including €3.7 billion for clean energy projects, to boost Europe's energy security while supporting renewable energy, power grids and sustainable development across Europe and neighbouring countries.
The European Investment Bank (EIB) and Airbus have signed a €1 billion ($1.1 billion) loan to support research and development in Europe’s aerospace sector, forming the first tranche of a wider €3 billion financing package.
The European Investment Bank (EIB) and Eni have signed a €500 million ($580 million), 15-year loan to convert part of Eni’s Sannazzaro de’ Burgondi refinery in Pavia, Italy, into a biorefinery.