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European Investment Bank loans Elia €1 billion for Princess Elisabeth energy island

Source: reuters.com

Infrastructure & DefenseRenewable Energy TransitionGreen & Sustainable Finance
European Investment Bank loans Elia €1 billion for Princess Elisabeth energy island

Belgian grid operator Elia secured a €1 billion ($1.2 billion) European Investment Bank credit facility for its Princess Elisabeth Island energy project in the North Sea. The financing supports offshore-grid infrastructure and renewable-energy integration, strengthening funding visibility for a major Belgian energy-transition project.

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