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The European Investment Bank (EIB) and the Economic Security Bureau of Ukraine (ESBU) will enhance collaboration in preventing, detecting and addressing potential cases of fraudulent or other irregular practices that affect EIB-financed projects. The EIB and ESBU have signed a memorandum of understanding to strengthen exchanges of information, operational support for investigations and technical cooperation.
The European Investment Bank (EIB) has signed a €150 million loan agreement with Helen Ltd, a leading Finnish energy company wholly owned by the City of Helsinki, to finance two new renewable energy projects in the district heating sector. The total investment amounts to €209 million, with the EIB contributing 72%.
The Water Sector Fund managed by EIB Global will provide €10 million in the Water Access Acceleration Fund (W2AF), managed by Incofin, a prominent global impact investment manager. W2AF is a “water-focused” blended finance impact fund targeting sustainable and scalable solutions that improve access to safe, affordable drinking water for underserved populations, mainly in Sub-Saharan Africa and South and Southeast Asia. The new initiative will provide 20 billion litres of safe drinking water by 2030.