The Board of the European Investment Bank (EIB) today agreed EUR 8.4 billion of new financing. This includes support for new investment across Europe and around the world to improve sustainable transport, clean energy, social housing, telecommunications and water infrastructure. The EIB also approved EUR 3 billion of new support…

The European Investment Bank (EIB) will provide a EUR 110m loan for the construction of a gas systems interconnection facility between Bulgaria and Greece (ICGB). The interconnector will also help establish a link with the Trans Adriatic Gas Pipeline (TAP), which runs from east to west through northern Greece.  This will…

The European Investment Bank (EIB) will finance Ingeteam’s innovative activities by providing a EUR 70m Innovation Loan under the Investment Plan for Europe. The goal of the agreement signed today in Bilbao is to support Ingeteam’s research, development and innovation (RDI) programme focused on developing new solutions to meet the needs…

VIVAWEST and the European Investment Bank (EIB) have concluded a loan contract for EUR 300m. VIVAWEST will use the EU bank finance, which is backed by guarantees from the Juncker Plan´s European Fund for Strategic Investments, to build around 2 300 housing units to KfW 55 standard in various towns and municipalities in…

Refinancing loans totalling £39 million from Scottish Widows and Lloyds Bank are being used by UK renewable energy investors to fund three solar power farms. The package will fund fully operational photovoltaic assets which are connected to the National Grid. The solar power farms are located in the south of…

A cross-practice team from Eversheds Sutherland has advised Glennmont Partners on its acquisition of a 211MW windfarm in Finland, marking its first investment in the Nordic market. Glennmont acquired the Piiparinmäki windfarm from Ilmatar Energy, a joint venture between Omnes-managed Capenergie 3 and Ilmatar Windpower plc. Construction for the project…

The European Investment Bank (EIB) has agreed EUR 7 billion of new financing. This includes support for new investment to improve social housing, clean energy and sustainable transport, telecommunications, health and education. The EIB also approved more than EUR 2.8 billion of new support for business investment through both direct…

London/Madrid, 4 September 2019 – Macquarie Infrastructure Debt Investment Solutions (“MIDIS”), on behalf of its European and Asian insurance company clients, today announced a new transaction in the Spanish renewables sector, with a €38 million debt investment in a portfolio of solar farms. The portfolio is owned and managed by…

Over an uninterrupted period of least 19 years and a day, a window or other aperture in a building can acquire a “right to light” over nearby land. Once this happens, the window owner can prevent the nearby land owner building on his land in a way that reduces the…

Global law firm Norton Rose Fulbright has advised Alpha Bank, Eurobank Ergasias and National Bank of Greece on the approximately €117 million non-recourse refinancing of Agios Georgios wind farm, a 73.2 MW wind farm operated by a subsidiary of Terna Energy, on the uninhabited islet of Agios Georgios offshore Attica in…