EIB Invests Over EUR 17 bln in Renewables

Green Energy

The European Investment Bank has said it signed a record amount in new financing for renewables, efficiency, storage, and grids in 2022.

Total EIB financing signed for sustainable energy projects inside the European Union reached an unprecedented EUR 17.06 billion.

Overall, the EIB Group, which covers the European Investment Bank and European Investment Fund, signed financing last year worth EUR 72.5 billion, which is expected to support around EUR 260 billion in investment and create 950,000 jobs by 2026. 

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