Tim Smit
- European Investment Bank
- Communication Department
- 98-100, boulevard Konrad Adenauer
- L-2950 Luxembourg
- Luxembourg
The European Investment Bank (EIB) is lending Belgium-based Warehouses De Pauw (WDP), which develops and leases logistics properties across Europe, €250 million to install rooftop solar panels and increase electric-vehicle charging stations for tenants. The loan is for up to 10 years and will be directed towards existing WDP logistics centres mainly in Belgium, the Netherlands and Romania.
In 2023, the European Investment Bank Group signed close to €2.4 billion worth of new financing contracts for projects in Belgium. The EIB Group funded some 26 different projects last year, a big increase from 2022, highlighting the importance of tailored financing to support high-impact projects.
The financing for Brussels’ planned north-south metro line is taking concrete shape. The European Investment Bank (EIB) and the Brussels Capital Region have agreed a €475 million loan agreement to upgrade the existing underground tram connection between the Albert and Gare du Nord / Noordstation stops to a fully underground metro (the City’s new metro line 3).