Tag: European Investment Bank

EIB grants up to $84 million InvestEU-backed framework financing to Nortegas Group to develop biomethane plants in Spain

EIB grants up to $84 million InvestEU-backed framework financing to Nortegas Group to develop biomethane plants in Spain

December 8, 2024 |

In Belgium, the European Commission reported that the European Investment Bank (EIB) has granted Nortegas Group a framework financing of up to $84 million to enable group subsidiary Nortegas Renovables to finance the construction of biomethane plants in Spain and launch a digital operations center. The EIB and InvestEU-financed project will enable the development of […]

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EIB, CEPSA sign $305 million loan to finance the construction of a second-generation biofuels plant in Spain

EIB, CEPSA sign $305 million loan to finance the construction of a second-generation biofuels plant in Spain

June 27, 2024 |

In Luxembourg, The European Investment Bank (EIB) and Cepsa signed a $305 million loan agreement for the construction of an advanced biofuels plant to be located next to the ¨La Rábida Energy Park¨ in Palos de la Frontera, Andalusia. The plant, which Cepsa is building together with Bio-Oils, will produce sustainable aviation fuel and renewable […]

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