EIB Supports Wind Energy Expansion in India

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The world’s largest international financier for renewable energy, the European Investment Bank, today confirmed new backing for investment across India.

The world’s largest international financier for renewable energy, the European Investment Bank, has confirmed new backing for investment across India. The EIB will increase support for onshore wind investment through expansion of an existing lending programme with the State Bank of India, has approved a new credit line with Yes Bank to accelerate private investment in wind and solar projects and expects to work closely with Indian partners to support offshore wind projects. “Scaling up renewable energy investment is crucial for economic growth, improving access to energy and addressing climate change and... ... More: Official Press Release EIB

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EIB, India, onshore, offshore, support, wind energy, wind farm, investment, money