The European Commission and the European Investment Bank (EIB) are preparing a series of new financing schemes to support investments in energy infrastructure, according to a draft document seen by Reuters. The aim is to attract more private capital for projects such as electricity grids and energy renovations where current investments are not enough to meet the EU's climate and energy targets.
The draft does not specify the size of the new schemes, which could change before the Commission is expected to publish the plan in March. Some schemes are expected to be implemented this year, while others will come next year.
- The EIB stands ready to work closely with the European Commission to accelerate investments in Europe's energy security and green transition, says an EIB spokesman, who did not want to comment on the draft.
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