EIB activates first tranche of counter-guarantee facility
The European Investment Bank (EIB) has announced it will provide a €500mn counter-guarantee to Deutsche Bank aimed at boosting Europe’s wind turbine manufacturing industry. This announcement marks the first tranche activated under the EIB’s €5bn counter-guarantee scheme which constitutes the EIB’s key contribution under the EU Wind Power Package. The counter-guarantees will improve access to [...]