Luxembourg, Sept. 22 -- The European Investment Bank (EIB) has provided €250 million in financing to Nexans, a global leader in cable system design, manufacturing and associated services. The loan will back Nexans' research, development and innovation programmes for 2024-2029, together with some industrial investments.These investments will cover projects including: The construction of a new factory in Lens by 2026, increasing copper wire production by more than 50% and recycling up to 80 000 tonnes of copper a year. This will be a major asset for strengthening the group's industrial foothold, securing raw material supplies and boosting the circular economy. This project was announced in October 2024.Strengthening of the Charleroi, Er...