The EIB loans Naturgy €1 billion for Spanish renewable energy projects, aiming to power over 1.15 million homes.

The European Investment Bank (EIB) has granted Naturgy a €1 billion loan to fund new solar and wind power projects in Spain. This investment aims to increase renewable energy capacity by 2.3 GW, sufficient to power over 1.15 million homes annually. The project supports the EIB's climate action goals and will create around 4,200 jobs, particularly in economically disadvantaged areas, enhancing Spain's decarbonization efforts.

November 29, 2024
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