Tag Archives: EIB

West African solar power project gets EUR 23m EIB backing

The European Investment Bank has agreed to provide EUR 23 million (15 billion CFA) to support investment in one of the largest photovoltaic power stations in sub-SaharanAfrica. The EUR 70.5 million (46 billion CFA) scheme will be constructed at Zagtouli on the outskirts of Ouagadougou, the capital of Burkina Faso and operated by national electricity … Continue reading West African solar power project gets EUR 23m EIB backing

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EIB Finances Abengoa Concentrated Solar Power (CSP) Plant in South Africa

Once fully developed the !Ka Xu concentrated solar thermal plant will collect solar energy using parabolic trough technology. The Development Bank of Southern Africa (DBSA) is pleased to announce that it signed with the European Investment Bank (EIB) a R1,4 billion finance contract to support the development of the  !Ka Xu 100 MW concentrated solar … Continue reading EIB Finances Abengoa Concentrated Solar Power (CSP) Plant in South Africa

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EGP enters into loan agreement with EIB for 200 million euros to cover wind energy investments in Romania

The European Investment Bank (EIB) and Enel Green Power International BV, the financial and controlling holding company of international subsidiaries of the Enel Green Power Group, have closed a financing operation for 200 million euros to partially cover investments for some wind farms in the Banat and Dobrogea regions of Romania. The 15-year loan has … Continue reading EGP enters into loan agreement with EIB for 200 million euros to cover wind energy investments in Romania

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EIB Interested in Financing Ethiopian Wind Energy Project

The European Investment Bank has decided to finance the Aisha I wind farm project being constructed by the Ethiopian Electric Power Corporation. A range of different financiers have been in touch with the Ethiopian Electric Power Corporation in financing the wind farm projects launched by the corporation according to Mihret Debebe, Chief Executive of the … Continue reading EIB Interested in Financing Ethiopian Wind Energy Project

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