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EIB Lends €450 Million to Portugal for Transmission System Upgradation

Upgrade to help transmission network integrate 4.2 GW of new renewables

March 27, 2023

/ Arjun Joshi
/ Finance and M&A, Grid
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The European Investment Bank (EIB) has agreed to lend €450 million (~$485 million) to Portugal-based energy company Redes Energéticas Nacionais (REN) for renewable energy integration and upgradation of the transmission network.

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Arjun Joshi

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EIBEuropeFundingPortugalRENrenewablesTransmission
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