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...