EIB: Creation of FIDAE fund to promote energy efficiency and renewables in ten Spanish regions

The European Investment Bank (EIB) and the Spanish Energy Saving and Diversification Institute (IDAE) have concluded a finance agreement to launch a JESSICA holding fund designed to finance energy efficiency and renewable energy projects in an innovative use of EU structural funds. The agreement was signed in Madrid today by EIB Vice-President Magdalena Álvarez Arza and the Secretary of State for Energy, in his capacity as Chairman of IDAE, Fabrizio Hernández Pampaloni. The agreement lays down the operational mechanisms of the fund, which will be initially endowed with EUR 127.6 million and managed by the EIB ...Zum vollständigen Artikel

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