Paraguay, March 13 -- The European Investment Bank (EIB), through its development arm EIB Global, the Inter-American Development Bank (IDB) and the European Commission have announced a significant co?financing package to modernise and reinforce Paraguay's electricity transmission system. The operation will support the construction of the new 500/220 kV Emboscada substation and associated transmission lines. This strategic investment will strengthen the interconnected national system, improve security of supply for the metropolitan and central systems, and create the backbone for further renewable energy and interconnection projects.Under the operation, EIB Global and the IDB are each providing up to $70 million in financing, complemented by...