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Image header Agence Europe
Europe Daily Bulletin No. 9298
Contents Publication in full By article 26 / 30
GENERAL NEWS / (eu) eu/eib

Loan to Iberdrola for financing renewable energies in Spain

Brussels, 31/10/2006 (Agence Europe) - Last Friday the European Investment Bank (EIB) concluded an agreement for a loan of €450 million to fund renewable energy. It will be divided into two tranches it is financing the construction of IBERDROLA's wind farms in EU Objective 1 regions such as Galicia, Andalusia, Castilla-La Mancha and Cantabria, scheduled for entry into service in 2006 and 2007. This agreement represents the latest step in the long-standing cooperation between IBERDROLA and...

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