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Ages&Vie Speeds up Development Supported by the Signature of a First €55m Loan Agreement Between Korian and the EIB

Ages&Vie Speeds up Development Supported by the Signature of a First €55m Loan Agreement Between Korian and the EIB A loan guaranteed by the European fund for strategic investments 67 Ages&Vie projects under construction for completion in 2021 and early 2022 An inclusive, local solution in the heart of priority communities Buildings that have a positive environmental impact (HQE NF Habitat standard) 4,000 beds to be operating by 2024 on French territory Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201217006150/en/ Korian (Paris:KORI), the leading European care services group for elderly and fragile people, has signed a €55 million loan agreement with the European Investment Bank (EIB), the EU bank. This 10-year loan will finance Korian s capital contribution to SCI Foncière Ages&Vie, created in May 2019 and jointly owned with Banque des Territoires and Crédit Agricole Assurances, which wi

EIB agrees to support Technical University of Cluj-Napoca through EUR 21m

EIB agrees to support Technical University of Cluj-Napoca through EUR 21m The program launched by EIB in 2020, has as main objective to ensure the necessary resources to improve the teaching, research, innovation, and student living conditions in Romanian universities, by building new buildings or renovating existing ones. EIB | Updated: 18-12-2020 20:11 IST | Created: 18-12-2020 20:11 IST The loan agreement signed by TUCN represents the first support granted to a university in Romania, by the European Investment Bank, within this program to bolster higher education, launched at the beginning of 2020. Image Credit: Wikipedia The European Investment Bank has agreed to support transformational investment at the Technical University of Cluj-Napoca (TUCN) through a new EUR 21 million, 25-year loan.

European Investment Bank: the unseen rise of a cohesion giant

Having undergone a significant transformation that raised its public profile, the European Investment Bank (EIB) is set to occupy an increasing role in bridging development gaps between the EU’s regions while raising funds for greening, but public finance watchers warn  that hitting targets will not be easy. The EIB is an often overlooked actor of European Cohesion, with roughly a third of its €70-80 billion yearly landing falling under its objective to decrease disparities between the bloc’s regions. Between 2015-2019, the EIB provided €84.4 billion to projects in EU cohesion regions, and last year alone paid out €16.13 billion. The institution has been a big promoter of using loans and guarantees to finance EU development.

EIB signs €50million loan with Dutch sustainable heating company HVC Groep

EIB signs €50million loan with Dutch sustainable heating company HVC Groep About one-fifth of the project cost will go towards the extension of the existing HVC district heating networks in the Alkmaar and Dordrecht regions, which the EIB supported in the early 2000s.EIB | Alkmaar | Updated: 18-12-2020 20:35 IST | Created: 18-12-2020 20:35 IST In the “Westland” region, known for its greenhouse horticulture industry, HVC will replace natural-gas-fired heating for horticulture greenhouses with low-carbon geothermal energy, by installing several geothermal heat sources. Image Credit: Pixabay HVC Groep, a sustainable energy and waste company in The Netherlands, has signed a 15-year €50 million loan agreement with the European Investment Bank. The EIB-financing is supported under the European Fund for Strategic Investments (EFSI) of the Investment Plan for Europe. HVC will use the loan for its investment plans in the period 2020-2024, which will cover both the expansion o

EIB offers 21 million Euro loan to support investments at the Technical University of Cluj-Napoca

The European Investment Bank has announced it will support transformational investment at the Technical University of Cluj-Napoca (TUCN) through a new 21 million Euro, 25-year loan. The loan is the first granted under the EIB’s EUR 100 million “Romania Higher Education Programme Loan” and is guaranteed by the European Fund for Strategic Investments, the core of the Investment Plan for Europe – also known as the “Junker Plan”. The program launched by EIB in 2020, has as main objective to ensure the necessary resources to improve the teaching, research, innovation, and student living conditions in Romanian universities, by building new buildings or renovating existing ones. The funding also supports adapting infrastructure to new technologies, improving learning environments, increasing the accessibility of people with disabilities, and improving the energy efficiency of buildings.

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