Tag Archives: BEI

EIB and Iberdrola sign two financing agreements for 690 million euros for wind energy in Brazil

The EU Bank will finance with 250 million euros 15 wind farms that the company will build in northeastern Brazil. This is the first agreement signed between the entity and Neoenergia, a Brazilian subsidiary of Iberdrola. The 440 million euros allocated to Iberdrola distribution networks in Spain will strengthen these infrastructures and make them smarter … Continue reading EIB and Iberdrola sign two financing agreements for 690 million euros for wind energy in Brazil

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The EIB signs a loan of 50 million euros for wind energy in Navarra with Iberdrola and Caja Rural de Navarra

The Cavar wind farm, consisting of four wind power parks with a total capacity of 111 MW, will be operational in the first quarter of 2020. This new renewable project will allow the creation of up to 200 jobs during its construction. The wind energy project is being developed by Renovables de la Ribera, a … Continue reading The EIB signs a loan of 50 million euros for wind energy in Navarra with Iberdrola and Caja Rural de Navarra

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EIB and EDPR support the development of wind energy in Brazil

Climate action in Latin America: the EIB and EDPR support the development of renewable energies in Brazil. The EIB grants EUR 150 million to EDPR Brazil to finance wind power and solar energy plants. The agreement will help the country meet the climate objectives established in COP21. Employment: the project will create 1,900 jobs during … Continue reading EIB and EDPR support the development of wind energy in Brazil

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