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Europe Daily Bulletin No. 10021

18 November 2009
Contents Publication in full By article 26 / 34
GENERAL NEWS / (eu) eu/eib
Loans for Spanish energy sector

Brussels, 17/11/2009 (Agence Europe) - On Friday 13 November, the European Investment Bank (EIB) granted Iberdrola SA a €300 million loan to finance the expansion of three of the company's hydropower plants in Galicia and Valencia. Then, on Monday 16 November, the Bank announced a €80 million loan to GEMASOLAR 2006 SAU to finance the construction and commissioning of a concentrated solar power (CSP) plant in Fuentes de Andalucía (province of Seville).

The Iberdrola loan will help to...

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