EIB on the right track to support big energy investments in Europe
The European Investment Bank (EIB) has recently stipulated some funding agreements to support big energy projects in Spain, Italy, France and in the Greece's Western Macedonia region.
The first one consists in a loan of up to €74 million to the Spanish company El Corte Inglés, to support its energy efficiency and innovation plans, the second one is a loan of €40 million to the PUNCH Group to develop hydrogen propulsion technologies in Turin and Strasbourg and the last one is a €28.5 million financing to support PPC Renewables company in the realisation of solar farms in the Greece's Western Macedonia region.
74 million euros loan to help El Corte Inglés achieving its energy saving targets
El Corte Inglés is the biggest department store chain in Europe and a benchmark in Spanish retail. With more than 80 years of history, the group has based its bu