POWER Magazine•14 days ago
European Investment Bank Launching Financing Platform for Energy Efficiency
Key Takeaway
This EIB financing platform provides a significant new capital source for energy efficiency projects, offering developers and large power consumers direct opportunities to invest in cost-saving and emissions-reducing solutions.
AI Summary
- •The European Investment Bank (EIB) is launching a new €60 million ($71.1 million) financing platform dedicated to energy efficiency projects across Europe.
- •Managed by Solas Capital, this platform aims to stimulate energy savings for businesses, creating new market opportunities for energy efficiency solution developers.
- •Large power consumers can leverage this financing to implement projects that reduce their energy consumption, lower operational costs, and improve sustainability.
- •The initiative signals an intensified policy push for energy efficiency, potentially increasing demand for related technologies and services.
Topics
emissionsfinancingpolicy
Article Content
The European Investment Bank (EIB) is intensifying efforts to spur energy savings by businesses across Europe with a €60 million ($71.1 million) commitment to launch a financing platform run by Solas Capital, an energy transition investment advisor. The post European Investment Bank Launching Financing Platform for Energy Efficiency appeared first on POWER Magazine .