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Europe Daily Bulletin No. 10897

27 July 2013
Contents Publication in full By article 10 / 21
SECTORAL POLICIES / (ae) eib
Loan of €200 billion for updating electricity grid in Spain

Brussels, 26/07/2013 (Agence Europe) - On 26 July, the European Investment Bank (EIB) and the Spanish electric utility company Iberdrola Distribucion Electrica SA signed a loan contract for €200 million to support the modernisation of the electricity distribution network throughout Spain, improving its overall reliability and safety. A large number of supply points in the full range of voltages operated by Iberdrola will be connected to the existing network. Furthermore, the programme will...