EIB to Fund an Additional $50 Billion for Clean Energy Manufacturing in EU

The bank also approved an additional $11.17 billion in loans for clean energy projects in the EU

July 13, 2023

/ Finance and M&A, Other, Renewable Energy,

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The European Investment Bank (EIB) Group has approved raising the funding volume for clean energy projects developed under the European Union’s (EU) REPowerEU plan and Green Deal Industrial Plan by 50% to €45 billion (~$50.28 billion).

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Satish Shetty

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EIB to Fund an Additional $50 Billion for Clean Energy Manufacturing in EU

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