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European Investment Bank to provide loan for Polish power plant

2013-05-15 01:00:00| Power Technology

The European Investment Bank (EIB) has agreed to provide a 140m loan to Elektrocieplownia Stalowa Wola for the construction of a combined-cycle gas turbine (CCGT) power station in south-eastern Poland.

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European Investment Bank raises 50m from green bond

2013-04-25 12:11:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The European Investment Bank (EIB) has raised 500m Swedish kroner (50m) to invest in renewable power and energy efficiency projects after launching a new green bond. The EU institution confirmed on Monday that it had received good levels of interest in its latest Climate Awareness Bond issuance, particularly from Scandinavian investors which took almost half of the issue. The sale was the first Climate Awareness Bond issuance for 2013, and the EIB expects to conduct at least one more transaction...

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European Investment Bank considers legal action over hoax coal statement

2013-02-28 10:29:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The European Investment Bank (EIB) has said it is considering legal action after being targetted by a hoax email that falsely declared the bank would end investment in coal projects. The bank issued a statement yesterday confirming it had been victim of a hoax. "The EIB is aware that a fake press release on its energy policy has been issued today by a so-called Philippe Wallace who is neither an employee of the EIB nor is he working under the authority of the EIB," the statement read. "The...

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