Monica Faro
- European Investment Bank
- Communication Department
- Calle José Ortega y Gasset, 29
- 28006 Madrid
- Spain
Good progress is being made in the construction works for the Salto de Chira hydroelectric power plant in Gran Canaria, which are being completed by Red Eléctrica. The projects is being co-financed by the European Investment Bank (EIB) and supported by the European Regional Development Fund (ERDF). In January, two work tunnels were connected – one of the most significant milestones in the works so far. The components needed to connect the dam in Soria and the desalination plant will pass through these two work tunnels.
The European Investment Bank (EIB) has signed a €175 million loan with the city of Barcelona to finance urban regeneration and climate strategies. The signing was announced today at the EIB Group Forum in Luxembourg. EIB Group President Nadia Calviño and Mayor of Barcelona Jaume Collboni presented the financing package, which will support urban development and climate strategy in the city, with a focus on sustainability and inclusion.
Nadia Calviño, President of the European Investment Bank Group, inaugurated today the third edition of the EIB Group Forum, emphasising the critical role of investment in shaping Europe's economic future, and the focus on security in everything the EIB Group does.