Major solar investment plan receives support from the European Investment Bank

The European Investment Bank (EIB) is providing €21 million to support a plan by France’s Eiffel investment group to spend hundreds of millions of euros to develop one of the most ambitious solar energy projects Ireland has ever seen.

While the European Investment Bank typically covers around a third of the cost of an investment project, its equity stake in Ireland’s solar program accounts for less than 10 per cent of its total development costs. This means that the total development costs could exceed 250 million euros.

https://www.independent.ie/business/irish/major-solar-investment-plan-gets-backing-of-european-investment-bank-42234426.html Major solar investment plan receives support from the European Investment Bank

Fry Electronics Team

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