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Europe Daily Bulletin No. 10504

29 November 2011
Contents Publication in full By article 34 / 38
GENERAL NEWS / (ae) eu/eib
Loan for modernisation of Spanish electricity grid

Brussels, 28/11/2011 (Agence Europe) - The European Investment Bank (EIB) announced on Thursday 24 November that it had granted Iberdrola a loan of €200 million to fund investment to modernise and enhance its electricity distribution grid. The loan will support Iberdrola's 2011 programme of investment in its domestic grid, to include the construction of a large number of electricity distribution systems across all voltage ranges and the installation of digital meters.

The main objective...

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