Netherlands: Vesteda and EIB sign financing agreement
Provider: View Original Type: Link Title: Netherlands: Vesteda and EIB sign financing agreement Description: Vesteda and the EIB signed a EUR 150-million financing agreement. The loan has a term of 10 to 15 years. Vesteda plans to use the funds in 2021 and 2022 to improve the sustainability of the homes in its existing portfolio and for the acquisition of new residential complexes. Vesteda will also use this financing for homes in the government-regulated rental segment, so it can also offer affordable homes to middle-income households.
Mauritius: EIB and FIND back innovative plant-based reagent manufacturing in Africa to fight COVID-19 and other endemic diseases
Provider: View Original Type: Link Title: Mauritius: EIB and FIND back innovative plant-based reagent manufacturing in Africa to fight COVID-19 and other endemic diseases Description: African manufacturing of reagents for rapid testing kits and treatment for COVID-19 and other endemic diseases will be transformed by construction of a new Cape Biologix Technologies facility in Mauritius.
Slovenia: Faster internet - EIB invests €100 million in extension of Telekom Slovenije fibre optic network
Provider: View Original Type: Link Title: Slovenia: Faster internet - EIB invests €100 million in extension of Telekom Slovenije fibre optic network Description: The EIB will invest €100 million in Telekom Slovenije and finance the extension of its Gigabit-speed-capable broadband network in Slovenia. The extended fibre optic network will enhance the quality of life and improve how business is done in the country while strengthening Slovenia’s resilience to natural disasters, such as the COVID-19 pandemic.
Netherlands: Dutch district heating gets green acceleration
Provider: View Original Type: Link Title: Netherlands: Dutch district heating gets green acceleration Description: HVC Groep, a sustainable energy and waste company in The Netherlands, has signed a 15-year €50 million loan agreement with the EIB. The EIB-financing is supported under the European Fund for Strategic Investments (EFSI) of the Investment Plan for Europe. HVC will use the loan for its investment plans in the period 2020-2024, which will cover both the expansion of its existing district heating networks in Alkmaar and Dordrecht, and investments in geothermal sources for the heating of greenhouses in the Westland area.
Malta: EUR 54m unlocked by Maltese Government with EU Fund for over 2,000 projects in Energy Efficiency and Renewable Energy
Provider: View Original Type: Link Title: Malta: EUR 54m unlocked by Maltese Government with EU Fund for over 2,000 projects in Energy Efficiency and Renewable Energy Description: The Republic of Malta has entrusted to European Investment Fund EUR 15m of EU structural Funds to deploy a guarantee instrument combined with an interest rate subsidy program EIF through a competitive tender has selected APS Bank and Bank of Valletta to deploy EUR 54m of loans with an interest rate subsidy of 2% p.a. for 3 years in relation to projects carried out by corporates and households in Malta Between 2,000 and 3,000 projects across the country will be financed in the country