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The European Investment Bank Group signed a record amount in new financing for renewables, efficiency, storage and grids in 2022, highlighting the EU bank’s unwavering commitment to ensure access to affordable energy at a time of extreme uncertainty.
Total EIB financing signed for sustainable energy projects inside the European Union reached an unprecedented €17.06 billion, as the Bank began rolling out a special package of support for the REPowerEU plan to end dependency on Russian fuel imports.
Overall EIB Group (European Investment Bank and European Investment Fund) financing signed last year was €72.5 billion, which is expected to support around €260 billion in investment and create 950 000 jobs by 2026. Almost half of EIB lending in the European...
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