EIB lends €155m to energy sector

The European Investment Bank (EIB) is set to lend €155m to the energy sector and part guarantee the investment of €80m in the innovation sector over the next number of months.

EIB lends €155m to energy sector
Thu, 29 Nov, 2012 - 00:00
John Walsh, Business Correspondent

The Luxembourg-based bank will lend Bord Gáis €155m to invest in the renewable energy sector.

The European Investment Fund (EIF), a subsidiary of the EIB, has entered into a risk sharing agreement with AIB.

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