EIB at a glance

We gave immediate assistance to Ukraine after Russia’s invasion, disbursing €1.7 billion in financing last year to repair infrastructure ravaged by bombs. We are stepping up our work in Ukraine, in line with our mandate from EU leaders and in close cooperation with the European Commission, the European Parliament and international partners.

  Sector: All sectors 
  Loan amount: €1.7 billion 

We are working with Iberdola to accelerate the green transition with a €1 billion loan to build a network of 19 solar panel plants and three onshore wind farms in Spain, Portugal and Germany. The deal is part of REPowerEU, the European Union’s plan to strengthen Europe’s energy autonomy, and will produce enough green energy to power the equivalent of 1 million households for a year.

  Sector: Renewable energy
  Loan amount: €1 billion

The Celtic Interconnector will support climate action and energy security in Europe by connecting France and Ireland’s electrical grids. This will allow the two countries to import and export enough electricity to power 450,000 homes. It will also expand access to renewable energy and promote the flow of electricity in Europe, driving down costs.

  Sector: Energy security
  Loan amount: €800 million

We are helping Vestas revolutionise renewable energy production and supply. The company’s ground-breaking technology will boost Europe's competitive edge on the international stage, while driving significant change. It takes us one step closer to a sustainable future. 

  Sector: Renewable energy
  Loan amount: €475 million

Reducing our emissions through decarbonisation is critical to limiting the global temperature rise. We signed a €40 million finance agreement with the PUNCH Group – a leading innovative Belgian mid-cap – to support their research and development of hydrogen technology at their headquarters in Turin, Italy, and Strasbourg, France.

  Sector:  Innovation
  Loan amount: €40 million

Quantum computing is the next big thing in tech, with experts projecting the market to hit $770 million by 2025. We support Finland’s IQM Quantum Computers with a €35 million loan through our European Guarantee Fund, a facility designed to help European businesses deal with the economic impact of the COVID-19 pandemic.

  Sector:  Innovation
  Loan amount: €35 million