The European Investment Bank (EIB) Group has approved €6 billion in new financing to support clean energy, climate-resilient agriculture, and European competitiveness. The package includes renewable energy projects in Austria, electricity grid upgrades in Germany, energy efficiency improvements in Slovakia and Sweden, and a new food manufacturing facility in Portugal. It also supports research and development for crop and vegetable seed varieties to improve yields and resilience to climate-related stresses.
Additional financing will benefit small and medium-sized businesses in Spain and Slovakia, particularly in less-developed regions. EIB Group President Nadia Calviño emphasized that investments in grids, renewables, and efficiency are central to Europe’s energy independence and competitiveness, while also supporting affordability, agriculture, and cohesion.
Beyond energy and agriculture, the financing package includes urban development, health, and transport projects. These range from affordable housing in Italy and hospital upgrades in France and Spain to drinking water network rehabilitation in the Netherlands and greener port infrastructure in Lithuania.
The European Investment Fund (EIF) Board also approved investments in Central and Eastern Europe, including a deeptech technology transfer fund, a renewable energy infrastructure fund, and four guarantee transactions to unlock SME financing. EIF backed four TechEU operations to boost financing for European innovators, while reappointing Nadia Calviño as Chair to ensure stability and leadership.
Outside the EU, the EIB approved financing for after-school educational services in Armenia, businesses in New Caledonia, and maternal, sexual, and reproductive healthcare in Africa. These projects align with the EU’s Global Gateway strategy, strengthening partnerships and Europe’s global role.
Together, these initiatives reinforce the EIB Group’s mission to promote climate action, innovation, social infrastructure, and global partnerships, while mobilizing private investment to support sustainable and inclusive growth across Europe and beyond.
