April 12, 2022
The European Investment Bank (EIB) said Monday that it granted a €600 million ($653 million) sustainability-linked loan for Italian power company Enel to fund renewable energy investments in Brazil, Colombia and Peru.
The multi-currency loan comes backed by a guarantee from Italian export credit agency SACE and includes $130 million to build solar and wind power projects in Peru with 300 MW in capacity, the EIB said in a press release.
The rest of the loan will go to renewable energy and power d
European investment bank provides $653 mln for renewable energy projects in Brazil, Colombia and Peru