Germany

The European Investment Bank (EIB) is using again its €5 billion initiative to support manufacturers of wind-energy equipment in Europe by extending a €500 million counter-guarantee to Germany-based Commerzbank AG. The transaction will enable Commerzbank to set up a portfolio of up to €1 billion of banking guarantees for new investment in wind farms in the EU.  

The European Investment Bank (EIB) together with its subsidiary, the European Investment Fund (EIF), has backed the German energy company Enpal in creating Europe`s first public solar securitisation, worth €100 million.  

The European Investment Bank (EIB) will provide a multi-beneficiary intermediated loan (MBIL) of €100 million to Haspa, Germany’s largest savings bank based in Hamburg. Haspa will then provide financing to small and medium-sized companies (SMEs) and mid-caps with up to 3 000 employees in Germany.