The EIB has granted CEPSA a EUR 70 million loan to finance projects designed to optimise the company’s aromatics production process at its refineries in San Roque (Cadiz) and Palos de la Frontera (Huelva) and Huelva. The agreement signed today in Madrid by EIB Vice-President Román Escolano and CEPSA’s CEO, Pedro Miró, is aimed at helping to achieve improvements in the output of CEPSA’s facilities and increased energy savings throughout the production process.
The Investment Plan for Europe was presented today at the headquarters of the European institutions as “a growth opportunity for Spain” at an event attended by Luis de Guindos, Spain’s Minister of the Economy, Industry and Competitiveness, Jyrki Katainen, Vice-President of the European Commission (EC) responsible for Jobs, Growth, Investment and Competitiveness, Román Escolano, Vice-President of the EIB, and Pablo Zalba, CEO of the Instituto de Crédito Oficial (ICO). Aránzazu Beristain, Head of the EC’s Representation, welcomed the more than 150 participants, mostly from the world of business and public institutions.
The European Investment Bank (EIB), the bank of the European Union, moves to the Eurosystem’s single shared platform TARGET2 for the settlement of its core activity in EUR currency during July 2017 (exact go live date will be formally communicated to the concerned clients in due time via separ...
Multinational Development Banks (MDBs) play a significant role in mobilising private capital for much-needed investment worldwide. In 2016 alone, they attracted USD 164 billion of private capital as co-financing for investment projects. They themselves put USD 186 billion into these projects, so that altogether an investment of USD 350 billion was realised
Leaders of the top multilateral development banks (MDBs) have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to support sustainable and inclusive economic growth throughout the world.
It's a theme resonating in many of the corridors and meeting rooms around this year's Spring meetings of the World Bank Group - but the conversation on multilateralism at the Atlantic Council between EIB President Werner Hoyer and former World Bank chief and former US trade envoy Robert Zoellick offered some fresh perspectives.
The EIB and Dutch bank ABN Amro will sign an agreement today to support investments for greening the European shipping fleet. This framework is the first with a financial institution in the Netherlands and is supported by the “Connecting Europe Facility” and was made possible by the ”EFSI” (European Fund for Strategic Investments), central pillar of the Juncker Commission’s Investment Plan for Europe.
The European Investment Bank (EIB) has joined the Global Infrastructure Facility (GIF) as a technical partner. The GIF is a multi-donor platform set up by the World Bank Group to bridge the global infrastructure investment gap by leveraging private sector and institutional investor capital for compl...