Tag: EIB

EIB and AllianzGIto invest $100 million in renewable energy

At the United Nations COP27 conference, the European Investment Bank (EIB) and AllianzGI have announced the mobilisation of $100 million to Alcazar Energy Partners II, a fund that facilitates the development, construction, and operation of renewable energy projects in the Middle East, North Africa, Eastern Europe, and Central Asia.

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EIB’s guide on EV charging concessions in Europe

This guide focuses on the use of the “concession” model to help meet this target. It addresses a perceived need for greater understanding of concessions among public authorities, particularly at the local and municipal levels, where responsibility for EV rollout typically lies. This guide seeks to increase general awareness and understanding of the use, structure and content of concession contracts for public EV charging infrastructure.

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Climate Action in the Middle East and North Africa

Investment in projects dealing with water, sanitation, transport, renewable energy and energy efficiency is essential for Mediterranean countries to meet the challenges of climate change. CAMENA encourages this investment in several ways: it facilitates project preparation and implementation; it expands the capacity and capabilities of project promoters; and it mobilises public and private-sector finance.

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EIB grants EUR 350 million for 448 MW wind project off the coast of France

The European Investment Bank (EIB) will provide a funding of a 350 million Euros for developing the Courseulles-sur-Mer, or Calvados, offshore wind project in the English Channel. This offshore wind project has a capacity of 448 MW and will require a total of 2 billion Euros to be built. According to EIB, the financing will be guaranteed by the European Fund for Strategic Investments.

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