EIB Approves €2.4 Billion for Energy, Infrastructure and Global Projects

The European Investment Bank has approved €2.4 billion in new financing for business investments, clean energy projects, transportation, telecommunications, and flood protection schemes across Europe.

The EIB Board of Directors also focused on enhancing Europe’s electricity infrastructure. In 2024, the Bank mobilized over €100 billion in energy investments, including a record €8.5 billion dedicated to electricity grids, accounting for 40% of the EU’s total investment in this area.

EIB Group President Nadia Calviño said, “We are ahead of the investment targets of the RePowerEU programme to bring cheaper and clean energy to European households and businesses. Last year the EIB marked a record in investment in energy grids and inter connectors, to bolster Europe's competitiveness and security."

EIB Global Partners with Ameriabank to Boost Armenia’s MSMEs and Green Growth

The EIB approved €791 million to boost hydrogen production, enhance electricity distribution, and improve flood protection in Poland. It will also finance hydrogen technology research and the construction of further hydrogen refueling stations for vehicles. Furthermore, in order to support Ukraine, the EIB has created a €100 million financing package to repair the municipal heating infrastructure damaged by the ongoing conflict.

Global Investments and Green Innovation

The EIB continues to extend its support beyond EU borders. A financing agreement aims to improve Panama's electricity distribution, boosting renewable energy, strengthening grids, and expanding access to underserved areas.

The Bank approved €879 million to fund innovation and investments, enhancing energy efficiency and environmental sustainability in European businesses. It supports automotive R&D across 15 sites and low-carbon glass projects in France and Spain for sustainable innovation. Moreover, the EIB endorsed a new securitization scheme to aid Dutch businesses in investing in climate action.

Improving Transport and Telecommunications

In transport and telecommunications, the EIB approved €768 million in financing for infrastructure projects within the EU and beyond. The EIB approved €418 million for Bogotá’s Metro Line 1, set to serve over a million passengers daily when finished. In Italy, the Bank approved €350 million to expand mobile phone networks, further enhancing connectivity across the country.