The European Investment Bank (EIB) has signed a €125 million loan with Umicore, the Belgian-based global materials technology and recycling group, to finance part of the greenfield production facility for cathode materials in Poland. Battery production is a fast advancing industry and so needs constant capital infusion. This Umicore cathodeContinue Reading
European Investment Bank (EIB) and Indian Renewable Energy Development Agency (IREDA) Ltd. have signed a loan agreement for a second line of credit (LoC) of Euro 150 million on non-sovereign basis here, today. The line of credit is for tenure of 15 years including a grace period of 3 years,Continue Reading
European Investment Bank (EIB) will ink an agreement on coming Saturday to provide loan for small and big clean energy projects in India-most of which will be solar. This investment is a part of EIB’s Euro 800 million investment in the country. The EIB claimed that it is the worldContinue Reading
The European Investment Bank (EIB) and Yes Bank will co-finance solar and wind energy projects in the states of Karnataka, Telangana, Maharashtra, and Rajasthan. The projects presumably will have access to cheaper debt finance compared to the rates being offered by Indian banks due to the collaboration with EIB. AllContinue Reading
The European Investment Bank (EIB) today inked a partnership agreement with International Solar Alliance )ISA) for an 800 million euro financial aid to support India’s clean energy project. The partnership between the two bodies will mobilise finance to develop affordable solar energy in countries that get ample sunlight. “The EuropeanContinue Reading
