Bill Gates and EU Launch €100m Clean Energy Investment Fund

A new €100 million (£88m) clean energy investment fund has been launched by a fund led by Bill Gates, the European Commission and European Investment Bank (EIB). Initially announced in October last year, Breakthrough Energy Ventures Europe (BEV-E) will support Europe’s best clean energy entrepreneurs whose solutions can deliver “significant …

Croatian Firm Lent €130m for Efficient Heat and Power Units

A Croatian energy company has been granted loans totalling €130 million (£116m) for new electricity and heat co-generation units. HEP will replace outdated oil and gas-fired turbines and boilers with modern, efficient and environmentally friendly systems in the capital city of Zagreb. The capacity of the two combined cycle gas …

EIB Supports Sint Trudo Foundation for Energy Neutral Social Housing

Dutch Social housing foundation Sint Trudo and the European Investment Bank (EIB) have today signed a financing agreement of EUR 150 million. The facility made available by the EIB will be used for new, largely energy neutral, housing as well as making existing social housing more sustainable. With her investment …

Lithuania to Generate up to EUR 500 Million for Energy Efficiency with EIB

European Investment Bank (EIB) to attract private finance into residential energy efficiency modernisation via a guarantee scheme funded by the Lithuanian Government. The Lithuanian Leveraged Fund, a guarantee scheme funded with EUR 100 million of EU Structural and Investment Funds and national resources, comes in support of energy efficiency investments …