EIB Pledges €1.6 Billion for France-Spain Electricity Interconnection
The loan’s first tranche of €1.2 billion (~$1.38 billion) has already been signed
June 19, 2025
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The European Investment Bank (EIB) has pledged €1.6 billion (~$1.84 billion) to finance the construction of the Bay of Biscay electricity interconnection between France and Spain.
