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RSSThe EBRD and the European Commission are strengthening their cooperation to support investment in the Bank’s EU countries of operation under the InvestEU programme. This will increase EU guarantees by €478 million and funding for advisory services by €11.4 million.
With a guarantee from InvestEU, the European Bank for Reconstruction and Development (EBRD) is boosting Latvia’s biomethane production capacity and use of renewable fuels with a €26 million loan to SIA Next Biogas, a subsidiary of the Netherlands-based HoSt Group.
Bulgarian Development Bank (BDB) and Investbank signed an agreement to provide guarantees under the InvestEU Programme. It makes it possible to grant new loans to businesses worth more than EUR 30 million.
The 127 MW / 254 MWh battery storage system, designed to strengthen Romania’s energy security, received €44 million in financing from the EBRD, with support from InvestEU.
Benefitting from an InvestEU guarantee, EBRD lends €35 million to GreenWay as part of a €113 million debt package. Investment will support rollout of public electric vehicle charging points across Poland, the Slovak Republic and Croatia by 2028
Backed by InvestEU, EBRD provides up to €70 million to finance five battery energy storage systems across Latvia, Poland, Romania and Slovenia. EBRD will also support the cybersecurity resilience of the storage systems by backing the deployment of advanced risk mitigation solutions.
Invest-NL funds € 25 million within a loan of € 120 million to Milence, a rapidly growing Dutch player developing a pan-European charging network for electric freight transport. This financing is essential to enable large-scale electric freight transport.
The deal provides resources for new financing of Bulgarian small and medium-sized companies aimed at their sustainable development, increasing competitiveness and supporting the green transition.
This assistance – provided in the frame of the InvestEU Advisory Hub - will help in the rollout of electric charging infrastructure for cars, vans and light goods vehicles.
The European Investment Bank (EIB) will work with the Ministry of National Defence to develop a comprehensive investment programme aimed at strengthening the energy autonomy of military installations across Greece.