EIB and Naturgy Sign €1 Billion Renewable Energy Loan in Spain
The European Investment Bank (EIB) and Naturgy have signed a €1 billion loan to fund the development of Solar and Wind Energy Projects in Spain. The €400 million initial tranche will support new renewable stations and upgrades to hybrid facilities. The project aims to generate enough green energy for 1.15 million homes, creating 4,200 jobs and boosting regional cohesion.
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