EnergyWatch

EIB and Santander collaborate on loans to renewables

The two banks will share the risk on loans to companies which operate in the field of renewable energy. They are prepared to offer loans of more than one billion euros.

The European Investment Bank and Spain's Banco Santander have signed two deals with Investment Plan for Europe. They are ready to put more than a billion euros into businesses.

In the first deal, the two banks will finance new sustainable energy projects for at least EUR 400 million. The European Investment Bank (EIB) will be liable for EUR 200 million in Santander's loan portfolio which covers renewable energy and infrastructure.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Siemens Gamesa's deep financial woes are halfway self-inflicted

Despite successfully forwarding the external costs to customers, onshore wind projects valued at EUR 2bn are being delivered at zero-profit margins in the years to come, according to the turbine maker’s CEO. Here and there, things might have moved a bit too fast.

Further reading

Related articles

Latest News

See all jobs