Directory: European Investment Bank (EIB)

GENERAL INFORMATIONThe Bank will fund projects that offer a satisfactory rate of return. Projects with a cost up to EUR 25 million are financed through global loans. Individual projects with a cost exceeding EUR 25 million can be financed individually. Projects by SME or local authorities are also considered. The task of the EIB, the European Union's financing institution, is to contribute towards the integration, balanced development, and economic and social cohesion of the EU Member Countries. To this end, it raises on the markets substantial volumes of funds that it directs on the most favorable terms towards financing capital projects meeting the objectives of the Union. Outside the Union, the EIB implements the financial components of agreements concluded under European development aid and cooperation policies. From 1993 to 2003, the EIB provided more than EUR 2.6 billion in individual loans (76% in the EU-15 and 24% outside) for 54 major projects (30 in the EU and 24 outside) in the renewable energy sector.
CONTACT DETAILSName of organization:
European Investment Bank (EIB)
Street Address:
100 boulevard Konrad Adenauer
URL:
www.eib.org
Phone number:
+35 2 43791
City:
L-2950 Luxembourg