EIB approves €12.4 billion for transport, telecoms and energy

Date July 24, 2017
EIB approves €12.4 billion for transport, telecoms and energy

The board of the European Investment Bank has approved new financing totalling €12.4 billion (US$14.5 billion) for the support of rail, road, air and maritime transport investment around the world and backing for new renewable energy and security of energy supply schemes. New PPP financing for tram, motorway and internet investment was also agreed.

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