EDP bags €700 million for 1.9GW southern Europe renewables portfolio

CBCIE Time：Dec 24, 2024 16:24 Source：pv-tech

Portuguese utility EDP has secured €700 million in loans from the European Investment Bank (EIB) to support the development of over 1.9GW of renewable energy capacity and distribution grid improvements in Spain, Portugal and Italy.

The first, larger loan of €500 million will support EDP’s development plans for solar PV and onshore wind power projects in Spain, Italy and Portugal. Each country will host around one third of EDP’s planned 1.943GW portfolio. The loan was issued as the first tranche of an agreed €900 million green framework loan from the EIB.

Key Words:

solar wind power Europe

All articles, pictures, reports and other original works on the website that are attributed to CBCIE are non-public information, only for members. No one may reproduce or otherwise use the original content of this website without our permission. If you need to use it, please call
+86 18135172048 to apply for authorisation. CBCIE reserves the right to pursue any infringement and citation contrary to the original intent.

Disclaimer:CBCIE is committed to building a comprehensive and authoritative metal information platform, and strives to provide a full range of data and information services and decision-making support for metal industry researchers and practitioners. However, the information on this website is for reference only and is not intended as direct advice for investors' decision-making. Any investment, purchase, sale or operation based on the information on this website should be at your own risk and is not related to CBCIE.

Previous
Midnight Sun receives licence renewal for Solwezi copper project in Zambia

Next
Eramet produces first lithium from Centenario plant in Argentina