October 21, 2024 15:13 GMT
POWER: EIB Approves €120mn Loan to Iberdrola for Energy Decarbonisation Projects
POWER
The EIB has approved a €120mn loan to Iberdrola for research and innovation projects to accelerate energy sector decarbonisation, supporting development in solar, wind and hydropower, it said.
- Additionally, the funds will be used for projects in green hydrogen, heat pumps, and electric mobility.
- The projects are a part of Iberdrola's 2024-2026 strategic decarbonisation plan.
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