Project Finance

European Investment Bank

Contact: Edward Calthrop
Work 100 Boulevard Konrad Adenauer Luxembourg L-2950 Luxembourg Work Phone: (+352) 43 79 1 Website:


The European Investment Bank was created by the Treaty of Rome in 1958 as the long-term lending bank of the European Union. The task of the Bank is to contribute towards the integration, balanced development and economic and social cohesion of the EU Member States. The EIB raises substantial volumes of funds on the capital markets which it lends on favourable terms to projects furthering EU policy objectives. 

Within its Corporate Operational Plan (COP) the Bank has established challenging targets to drive its contribution to energy lending. While lending targets are reviewed annually, since 2006, the Bank has stepped up its energy lending from EUR 4bn to a lending forecast of EUR 13bn in 2009 for projects belonging to at least one of the following priority areas:

The EIB invests directly and indirectly in renewable energy and energy efficiency, small and medium enterprises, research, development and innovation (RDI) in energy, security and diversification of internal supply (including trans-European energy networks), security of external supply and economic development (Neighbour and Partner Countries)

The EIB has mainly invested in Wind, Solar, Biomass and resource efficient forms of traditional energy generation including CHP. We also make investments in large energy efficiency projects. The EIB also invests in transportation projects through our Trans-European Netorks (TENs) program. The EIB supports small and medium enterprises through intermediary banks and financial institutions.

Projects with a cost up to EUR 25 million are financed through global loans. Individual projects with a cost exceeding EUR 25 million can be financed individually. Projects by SME or local authorities are also considered. The task of the EIB, the European Union’s financing institution, is to contribute towards the integration, balanced development, and economic and social cohesion of the EU Member Countries. 

From 1993 to 2003, the EIB provided more than EUR 2.6 billion in individual loans (76% in the EU-15 and 24% outside) for 54 major projects (30 in the EU and 24 outside) in the renewable energy sector.

Categories: $5M or more, Debt, Eastern & Central Europe, Energy: BioFuel, Energy: Biomass, Energy: Efficiency, Energy: Geothermal, Energy: Small Hydro, Energy: Solar, Energy: Wind, Government / Grants, Project Finance, Project Finance, Western Europe
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