Brussels, 05/01/2009 (Agence Europe) - The European Investment Bank has granted a €200 million loan to Gamesa Corporación Technológica to finance its research, development and innovation programme 2008-2011.
This EIB loan will help to finance the company's RDI investment in key wind turbine components aimed at improving their performance and reducing energy costs. The research will mainly be carried out at Gamesa's R&D centres in Navarra, Vizcaya and Madrid.
Gamesa is one of the world's leading wind turbine manufacturers and its RDI programme fits in perfectly with EU energy policy - hence the EIB support in the form of a large loan. Technological progress in the energy field is essential to achieving the EU's climate change objectives, securing the energy supply and ensuring the competitiveness of European companies. These goals were endorsed by the plenary session of the European Parliament on 17 December and dubbed the three 20s for 2020 (20% reduction in emissions, 20% renewables quota and 20% energy savings). (O.L./transl.jl)