EU agrees clean finance boost

  • News
  • 21 September 2017
  • by reNEWS - Renewable Energy News

The European Investment Bank (EIB) has approved funding for a variety of infrastructure projects, including wind and hydro power.

Image: EIB

 

Some €1.3bn out of total approved funding of €11.5bn will go to energy and water projects, the EIB said.

 

The schemes include wind farms in Austria, hydropower schemes in Madagascar and renewable energy projects in Peru, it added.

 

The finance will also cover small-scale biomass and district heating in Europe, as well as a smart metering scheme in France, the bank said.

 

Source: reNEWS

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