The European Investment Bank (EIB) and Franco-German regional bank SaarLB have signed a €70 million guarantee agreement, the European Commission said on June 25, noting that this deal will enable SaarLB to grant additional loans of almost €140 million for new renewable energy projects in France and Germany.

According to the Commission, this is the second part of a €150 guarantee agreement first signed in 2016 and made possible by the grand plan of Commission President Jean-Claude Juncker for ...


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