Green Hydrogen – EIB and Iberdrola sign €120 million loan to develop energy innovation projects in Spain
- The financing will go towards research, development and innovation projects for energy sector technologies, backing the electrification and decarbonisation of the economy.
- The innovation projects will cover the generation and integration of renewable energies, digitalisation of power grids and development of self-supply and electric mobility solutions for customers.
- The loan will also contribute to energy security via investment in cybersecurity and resilience initiatives applied to power grid management.
The European Investment Bank (EIB) has signed a €120 million loan with Iberdrola to finance the development of research and innovation projects involving energy technologies, with the goal of backing and accelerating the electrification and decarbonisation of the economy. Total…
