The European Investment Bank (EIB) will provide an additional €264 million in financing for the Slussen waterway-redevelopment project in Stockholm, reinforcing the bank’s commitment to sustainable urban renewal. The new financing builds on a previous EIB loan of €382 million and will be used to complete key infrastructure elements of the project including upgrades to old locks, improvements to an intermodal transport hub and the creation of pedestrian and cycling pathways.