EIB Group and Santander provide €163 million to support energy efficiency projects
Spain, Feb. 28 -- The EIB Group - made up of the European Investment Bank (EIB) and the European Investment Fund (EIF) - signed a new synthetic securitisation operation with Santander to provide financing for energy efficiency investments in the Spanish real estate sector, including the construction of new near zero-emission buildings and the renovation of existing residential properties to meet sustainability standards.The operation will allow new green and sustainable mortgages to be granted to individuals investing in the renovation or construction of buildings with high energy efficiency standards that meet the eligibility conditions set by the EIB.The projects financed by this operation will improve energy efficiency, reduce CO2 emissi...
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