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RSSThe EIB and NIB financing, backed by the European Union's InvestEU programme, is part of a project finance deal for the construction and development of H2 Green Steel's large-scale steel plant in Boden, Sweden.
![A Call for Expression of Interest to select implementing partners is open as of 25 October 2023.](https://investeu.europa.eu/sites/default/files/styles/oe_theme_ratio_3_2_medium/public/2023-10/InvestEU_Advisory%20and%20guarantee%20call%202024.jpg?itok=kWXRJRv-)
The call is addressed to both already selected implementing partners under the EU compartment of the InvestEU Fund and to new potential implementing partners.
The European Investment Bank (EIB) will finance Northvolt's gigafactory in Northern Sweden, with a total lending package to slightly over $1.038 billion (€942.6 million).
The loan, which is backed by InvestEU, will co-finance two new battery cell manufacturing blocks that will expand the capacity of the Northvolt ETT factory, as well as a battery recycling plant (Revolt Ett) providing input materials for cell manufacturing at the same site.
The European Investment Bank (EIB) and GDI have signed an agreement on a quasi-equity loan worth €20 million to develop GDI`s next generation silicon anode technology to power electric vehicles and decrease dependency on graphite. The agreement is supported by the InvestEU programme.
The European Investment Bank (EIB) has signed an agreement with Kristera AD, part of Agria Group Holding, for a €35 million loan to co-finance the construction of a new sunflower oil processing plant in northern Bulgaria and the acquisition of railcars to transport edible oils.
Danish biotechnology company Zealand Pharma A/S has signed a loan facility of €90 million with the European Investment Bank (EIB). The agreement is backed by the InvestEU programme.
The European Investment Bank (EIB) and Vitalia have signed a €90 million loan to finance new facilities like residential and outpatient care centres, mainly for the elderly, in seven Spanish regions. This agreement supports Spain's public dependency care framework.
The European Commission and PMV have signed an InvestEU guarantee agreement worth up to €56 million. With this agreement, PMV becomes the first Belgian InvestEU implementing partner.
This financing of local energy company Sorégies supported by the InvestEU programme is part of its strategic plan which puts renewable energy development centre stage.