Mytilineos S A : 400 million euros EIB backing to MYTILINEOS to accelerate renewable energy transition - January 02 , 2024 at 05 : 51 am EST

The European Investment Bank (EIB) has signed a 400m loan deal to support Greece s renewable energy infrastructure. These are the latest financial engagements from the EU bank - which is expected to be announced on 2 January 2024. The EIB has agreed to raise 400 million to boost the power network across Europe.. But (). The Greek energy company Myitilineos has been awarded 2.5bn (2.1bm) to help boost energy production in the European Union, according to the BBC. A new investment is to accelerate the development and deployment of solar parks and battery storage projects between the two nations, as part of an ambitious multi-billion scheme aimed at accelerating the green transition and cutting carbon emissions from fossil-fuel imports in climate change, energy and energy storage programmes in Europe and other EU states, and help further boost its electricity supply. Here is the full transcript of the new loan agreement being submitted by the Bank of Europe (EU) in Athens, Athena, Athens and Athens in 2023, in an attempt to tackle the impact of greenhouse gas and wind farming during the coronavirus lockdown, but it is now ready to invest more than 300m in solar and solar-powered power plants, solar power and batteries, to provide significant boost to Europe d energy sectors and boost growth by 2040, it says it will increase its share of energy in EU-led energy projects. But what does it mean?

Source: marketscreener.com
Published on 2024-01-02