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Portugal: EIB commits €450 million green loan to support REN plan for the extension and reinforcement of the electricity transmission network

The European Investment Bank (EIB) has agreed to lend €450 million to Redes Energéticas Nacionais SGPS, S.A. (REN) to finance renewable energy connections and the reinforcement and upgrading of the Portuguese electricity transmission network. This financing will contribute to REN’s five-year electricity transmission investment programme (2022-2026), benefiting several regions across Portugal.

REN Redes Energeticas Nacionais SGPS S A : EIB commits 450M€ green loan to support REN plan for the extension and reinforcement of the electricity transmission network in Portugal

EIB commits 450M€ green loan to support REN plan for the extension and reinforcement of the electricity transmission network in Portugal 24.03.2023 . | March 24, 2023

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