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Image header Agence Europe
Europe Daily Bulletin No. 10249
Contents Publication in full By article 30 / 31
GENERAL NEWS / (eu) eu/eib

Loan in favour of Spain's national grid

Brussels, 02/11/2010 (Agence Europe) - On Thursday 28 October, the European Investment Bank (EIB) granted a €200 million loan to Red Eléctrica de España (REE) to finance its 2009-2011 programme. In a press release, EIB announces it will provide a total of €600 million for this project.

The EIB loan will support REE's three-year (2009-2011) investment programme to upgrade and extend Spain's electricity transmission network. The project's main goal is to cater for the growth in demand...

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