EU approves €500m renewable energy loan

The European Investment Bank (EIB) is to lend up to €500m to help Ireland develop its renewable energy sector.

EU approves €500m renewable energy loan
Mon, 28 Sep, 2009 - 13:31

The European Investment Bank (EIB) is to lend up to €500m to help Ireland develop its renewable energy sector.

Two loan contracts were signed today in Dublin by EIB vice president Plutarchos Sakellaris and the chief executives of EirGrid Plc and Electricity Supply Board (ESB) in the presence of Irish Energy Minister Eamon Ryan.

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