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RSSItaly: Europe’s biggest solar gigafactory 3Sun secures €560 million financing from EIB and pool of Italian banks led by UniCredit and backed by SACE
The gigafactory will produce 3GW of clean energy capacity by 2024, becoming Europe’s biggest solar panel production facility. The overall financing secured for the construction and operation of the 3Sun plant is partly backed by InvestEU.
European Commission and NIB expand InvestEU guarantee to include Norway and Iceland
The European Commission and NIB have signed an InvestEU guarantee amendment whereby NIB becomes implementing partner also for Norway and Iceland.
EIB and NIB to provide €371 million with InvestEU backing for H2 Green Steel's large-scale production of green steel with minimal carbon footprint
The 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
The call is addressed to both already selected implementing partners under the EU compartment of the InvestEU Fund and to new potential implementing partners.
EIB finances Northvolt's battery factory with over $1 billion
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).
NIB finances Northvolt battery production and recycling in Sweden
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.
InvestEU - EIB provides €20 million to GDI to develop 100% silicon anodes for batteries to replace graphite
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.
Bulgaria: InvestEU - EIB signs €35 million loan for Agria Group Holding for a new sunflower oil processing plant
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.
Supported by InvestEU Zealand Pharma agrees €90 million financing deal with EIB to advance its research and development pipeline
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.
Backed by InvestEU EIB and Vitalia sign a €90 million loan agreement to improve social and health care services for the elderly in Spain
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.