EIB lends €200 million to Dolomiti Energia Group to support renewable energy production and strengthen power grids
Italy, Oct. 7 -- The European Investment Bank (EIB) is lending €200 million to Dolomiti Energia Group to support its 2030 investment programme. The agreement, 70.5% of which is backed by the guarantee of InvestEU, the European Union's investment programme, was announced today by EIB Vice-President Gelsomina Vigliotti and CEO of the Dolomiti Energia Group Stefano Granella.The EIB financing, structured as a green loan, will support investments in the production of renewable energy from onshore wind farms in Campania and Puglia, which are cohesion regions, and help to develop, strengthen and modernise the electricity distribution network in the Autonomous Province of Trento.In particular, the operation involves the design, construction a...
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