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POWER: EIB Funds 700MW Italian, Spanish, Portuguese PV

POWER

 The EIB will fund the deployment of 17 new PV farms – a combined capacity of 700MW – in Italy, Spain and Portugal, with units to be operational by the end of 2026, it said.

  • EIB will loan firm BNZ €166mn, with the payment being the first tranche of a €500mn loan.
  • The entire financing will support BNZ 1.7GW PV pipeline in southern Europe.
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 The EIB will fund the deployment of 17 new PV farms – a combined capacity of 700MW – in Italy, Spain and Portugal, with units to be operational by the end of 2026, it said.

  • EIB will loan firm BNZ €166mn, with the payment being the first tranche of a €500mn loan.
  • The entire financing will support BNZ 1.7GW PV pipeline in southern Europe.