New EIB product for energy efficiency investments in cooperation with EC

The EIB and the European Commission have agreed on the Private Finance for Energy Efficiency Instrument (PF4EE Instrument) which is funded by the Programme for the Environment and Climate Action (“LIFE Programme”) under the auspices of the Directorate General for Climate Change.

The committed amount under the LIFE Programme is EUR 80m which the EIB aims to combine with loan facilities of at least EUR 480m.

The aim of PF4EE is to address the limited access to adequate and affordable commercial financing for energy efficiency investments targeted by schemes developed by EU Member States to implement their Nation Energy Efficiency Action Plans or other energy efficiency programmes.

For more information please refer to: www.eib.org/pf4ee

10 December 2015

Spain: EIB-Banco Santander: agreement to finance investments in energy efficiency in the hotel sector

The EIB and Banco Santander signed an agreement worth EUR 50 million under the Private Finance for Energy Efficiency initiative, a new European scheme to increase and improve financing conditions to private sector investments in reducing energy use in Spain.

24 September 2015

Czech Republic: New billion euro initiative starts to unlock private investment in energy efficiency

The first operation under the Private Finance for Energy Efficiency initiative, a new European scheme to increase private sector investment in reducing energy use was announced today with leading Czech bank Komerční Banka A.S.

6 December 2024

EIB Global appoints Damien Sorrell as Head of the Regional Hub for the Western Balkans

The European Investment Bank (EIB Global) has appointed Damien Sorrell as its new Head of the Regional Hub for the Western Balkans. He succeeds Alessandro Bragonzi, who will continue his career at the Bank’s headquarters. Through this new leadership, and alongside its partners, the Bank will remain committed to supporting the transition to a low-carbon economy, fostering alignment with EU standards and driving economic growth in the Western Balkans.

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