The European Investment Bank (EIB) has approved a €300 million loan to finance the construction of the Salto de Chira pumped-storage hydroelectric power plant being built by Red Eléctrica, a subsidiary of Redeia, in Gran Canaria.
The European Investment Bank (EIB) is providing €260 million to finance the improvement and expansion of water infrastructure managed by Ente de Abastecimiento de Agua Ter-Llobregat (ATL) in the province of Barcelona. ATL is a public sector entity under the auspices of the Government of Catalonia.
G7 Public Development Banks (PDBs) and Development Financial Institutions (DFIs) are joining forces to enhance food security and sustainable agriculture in emerging markets. Through a new coordination mechanism set up by Italy’s Cassa Depositi e Prestiti (CDP), the Group of Seven PDBs and DFIs are teaming up in the “Collaborative on Sustainable Food Systems”.