European Investment Bank (EIB)

Imagine a world where electric boats glide silently across our waters, heralding a new era of innovation in Europe. 🌊 Two projects are at the forefront: X Shore, with electric vessels that reduce emissions and foster harmony with marine life, and inalve, which cultivates microalgae and promotes sustainable farming. We launched the Blue Champions Initiative in May 2024 to offer free advisory support to top blue technology companies. Here are the benefits for selected firms: 🏆 Industry Recognition: Named one of 20 EU Blue Champions. 🪴 Investment Plan: A €15 million growth strategy, half already funded. 👥 Strong Teams: Ready to expand in two years. ⚙️ Tech Readiness: Advanced projects with working prototypes. Find out how we support these innovative companies and a sustainable future for our oceans 👉 https://lnkd.in/eC9Nity3 #Oceans #ElectricVessels #Innovation

Collaboration: The key theme of the final #1week1minute of 2024. 🔵The EIB and EBRD signed new agreements to deepen cooperation, increase efficiency and impact in Ukraine, and the EU neighbourhood. 🔵President Nadia Calviño met NATO Secretary General Mark Rutte to discuss European security and defence capabilities. 🔵We also announced new projects to: develop the next generation of hearing aids in Denmark help healthcare professionals in France improve access to finance to small businesses in Italy boost clean energy across Europe 📺Watch the top news of our week ⤵️

Europe’s energy transition is accelerating, but with rapid growth in wind and solar power comes the need for significant investment in long-duration energy storage (LDES). These solutions are critical for balancing intermittent renewable energy and ensuring grid reliability. How do we address challenges such as unpredictable electricity pricing and future energy demand? And how can we create space for innovative technologies and new market players? To tackle these questions, we joined forces with Breakthrough Energy to host a workshop on 9 December, bringing together key stakeholders to chart a path forward. While battery technology is a vital part of the equation, we are also advancing tailored financing for innovative LDES projects like Energy Dome and Rondo Energy. This builds on our annual investments—approximately €4 billion in power grids and €20 billion in renewables. 🔵 Collaboration, such as Breakthrough Catalyst with the European Commission. 🔵 Tailored financing solutions, 🔵 Scaling up support for cleantech innovation, 🔵 Expanding venture debt and innovative financing tools for ground-breaking start-ups in clean energy, AI, quantum computing, health sciences, and more, 👉 are key to powering Europe’s energy future. #EnergyStorage #LDES #RenewableEnergy #CleanTech

Antimicrobial resistance is a growing global health threat, making many treatments ineffective.   We are providing a €20 million loan to SNIPR Biome - A CRISPR Company that will help develop new medicines for infections resistant to antibiotics. 💉The company is pioneering CRISPR-based precision technology that targets and eliminates multi-drug-resistant bacteria, such as E. coli.   🦠Their lead asset, SNIPR001, is being developed to prevent bloodstream infections where traditional antibiotics no longer work.   This venture debt financing will not only strengthen Europe’s health resilience but also support SNIPR Biome in becoming a global leader in med-tech innovation.   🔗 Read more: https://lnkd.in/diuXUgpq   #HERAInvest #InvestEU #Biotech #HealthSecurity #EUInnovation

Europe is a symbol of unity, solidarity and determination, making us stronger together. In a complex geopolitical order, the EIB Group will continue to play a strategic role in building more and better opportunities for future generations of Europeans. Read President Nadia Calviño's #OpEd on Europe in a changing world➡️https://lnkd.in/ecfP-Sb7

Solar panels may take a lot of space. How about using space that is already there - like warehouses? Here is an example 👇   In 2008, leading logistics real estate company WDP - Warehouses with brains installed its first solar panels on warehouse rooftops. Back then, the installations were small due to low electricity demand from tenants.   But when demand for electricity surged, during the energy crisis in 2022, the company decided to change their strategy: they prepared for a transition to higher electricity demand, mounting solar panels on the entire surface of their warehouse rooftops.   By 2027, WDP will: ⚡Increase solar capacity, from 180MW in 2024, to 350MW 🔋Install 480EV charging stations across Romania, Belgium, and the Netherlands.   When WDP produces green energy on its roofs, it sells it to tenants. Surplus energy is sold to local utility companies and fed into the electrical grid. This kind of infrastructure is expensive, so this is where we helped; we supported the company with a €250 million loan to finance the project. It’s a win-win-win situation. ✅ The solar panels and electric vehicle charging stations mean less emissions. ✅ Tenants save money on electricity and decarbonise their operations. ✅ WDP makes itself more attractive than competitors by offering affordable green energy and electric vehicle charging stations. Read more🔗 https://bit.ly/WDP_EIB

Partnerships within the Multilateral Development Banks family enhance our collective impact, enabling us to address global challenges more effectively through shared expertise and resources. Today, President Nadia Calviño met with EBRD President Odile Renaud-Basso to discuss shared priorities and opportunities for deeper cooperation in: ➡️supporting Ukraine's recovery and long-term resilience ➡️helping countries decarbonise their economies to achieve the green transition ➡️boosting sustainable development in the EU neighbourhood to promote economic growth, prosperity and stability We are natural partners and work together to maximise the impact of our investments in countries outside the EU.

As we push towards a greener future, solar, wind, and hydropower are leading the charge. But they can't do it alone. Discover three innovative energy solutions that could revolutionise the renewable energy landscape 👇 1️⃣ Geothermal Energy: Eavor Deutschland 📁 Project: Eavor Deutschland is spearheading a revolutionary geothermal project to provide clean, renewable heat and electricity to 30,000 households by drilling a giant underground radiator, tapping into the Earth's natural heat. 💡 Innovation: Unlike traditional geothermal methods, this project does not require thermal water, making it more sustainable and scalable. 🤝 EIB Support: Together with the EU Innovation Fund, €91.6 million in funding will enable the project to scale and implement its innovative closed-loop system. 2️⃣ Wave Energy: CorPower Ocean 📁 Project: In Portugal, a cutting-edge wave energy project is harnessing the kinetic energy of ocean waves to generate electricity, part of a broader effort to utilise the ocean's vast potential. 💡 Innovation: The project stands out for its ability to provide a continuous and reliable energy supply, leveraging the natural and consistent movement of ocean waves. 🤝 EIB Support: Advisory assistance for capital structuring, preparing fundraising materials, and developing a financial model to facilitate fundraising. 3️⃣ Biomass Energy: Teplárny Brno 📁 Project: In Czechia, Teplárny Brno is converting organic materials and waste into energy, addressing waste management issues while providing a renewable energy source. 💡 Innovation: By utilising wood chips from sustainably managed forests around Brno, a new heat and power unit will cover 15% of the city's heating demand. 🤝 EIB Support: €75 million financing will help upgrade the heat generation and distribution systems, reducing emissions and dependence on gas imports. Which of these innovative energy solutions do you find most promising for the future? Share your thoughts in the comments below! 👇

📢 Top news this week:   🔵 President Nadia Calviño met with members of the new European Commission to strengthen our collaboration on key sectors for EU prosperity, security and strategic autonomy.   🔵 She also participated in: - the #EUAgriFoodDays, announcing our largest package for European farmers and bioeconomy; - the #ECOFIN Council, updating finance ministers on our support for Ukraine, and progress in EU security and defence investments.   🔵 Our Board of Directors approved €15.6 billion in new financing, including flood recovery and protection, security and defence.   🔵 We announced new support for: - maritime transport in Spain, - wind manufacturing in Germany, - innovation in Denmark.   #WeeklyRecap #NewsOfTheWeek

Lucía and her brother run a vine nursery, founded by their father in the 1970s. Since 2021, their village in Larraga has been connected to a sustainable irrigation system financed by the EIB, Gobierno de Navarra, Gobierno de España, CaixaBank, and implemented by INTIA and Aguas de Navarra. This modernised, gravity-led system ensures an efficient and climate-resilient water supply, allowing Lucía to sustainably grow grafted grapevines without renting land far away. Watch her story 👇