EIB provides €800 million to Edison to back energy transition
Italy, Nov. 21 -- The European Investment Bank (EIB) is providing up to €800 million to support Edison's investment plan to promote Italy's energy transition. The EIB funds will be allocated through several loan agreements. The first €200 million agreement was signed today during a meeting between EIB Vice-President Gelsomina Vigliotti and Edison Chief Executive Officer Nicola Monti at Palazzo Edison.Structured into several loan agreements to be signed in the coming years, the financing will help bolster Edison's development plan for renewable energy, energy efficiency and public lighting. The EIB financing will cover more than the standard 50% of the total cost of the projects due to their significant contribution to REPowerEU ...
To read the full article or to get the complete feed from this publication, please
Contact Us.