EIB provides €243m green loan to ERG Group for renewable projects
The European Investment Bank (EIB) has committed €243m ($255m) to finance renewable energy projects by wind and solar operator ERG Group. The funding will advance renewable energy development across Italy, France, and Germany, aligning with EU energy targets and national climate plans. The EIB’s green loan supports ERG’s 2024–2026 Business Plan, which focuses on expanding its renewable portfolio and strengthening funding sources. The financing will facilitate the construction of three new onshore wind farms in…