11/12/2015 (Agence Europe) - EIB lends €50 million to support energy efficiency investment in Spanish hotels. On Thursday 10 December, the European Investment Bank (EIB) and Spanish bank Banco Santander signed an agreement worth €50 million under the Private Finance for Energy Efficiency initiative, a new European scheme to increase and improve financing conditions to private sector investments in reducing energy use in Spain. (EH)