03/12/2015 (Agence Europe) - EFSI loan of €500 million from EIB for installation of smart meters in United Kingdom. The European Investment Bank (EIB) announced on Thursday 3 December that it was to provide a £360 million (€500 million) loan from the European fund for strategic investment (EFSI) to back the £1 billion roll-out of over 7 million smart meters in homes across the United Kingdom to reduce energy use and help households save money. (EH)