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    Home > Finance > BNP, EIB announce 1 billion euros in guarantees for EU wind projects
    Finance

    BNP, EIB announce 1 billion euros in guarantees for EU wind projects

    Published by Global Banking & Finance Review®

    Posted on February 13, 2025

    1 min read

    Last updated: January 26, 2026

    Image depicting the collaboration between BNP Paribas and the European Investment Bank to support 1 billion euros in wind energy projects in the EU, enhancing investments in renewable energy.
    BNP Paribas and EIB partnership for EU wind energy projects - Global Banking & Finance Review
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    Quick Summary

    BNP Paribas and EIB have agreed to €1 billion in guarantees for EU wind projects, aiming to generate €8 billion in investments.

    BNP and EIB Announce €1 Billion Guarantees for EU Wind Projects

    (Reuters) - BNP Paribas has signed an agreement with the European Investment Bank (EIB) to support wind energy projects across the European Union, which could generate up to 8 billion euros ($8.31 billion) in investments, the banks said on Thursday.

    The euro zone's largest lender and the EIB said in a joint statement that they have agreed to establish 1 billion euros worth of bank guarantees backing new investments in wind farms in the EU, which should bring more investment to the sector.

    ($1 = 0.9632 euros)

    (Reporting by Gianluca Lo Nostro; Editing by Tomasz Janowski)

    Key Takeaways

    • •BNP Paribas and EIB collaborate on wind energy projects.
    • •€1 billion in bank guarantees for EU wind farms.
    • •Potential to generate €8 billion in investments.
    • •Focus on boosting wind energy sector in the EU.
    • •Joint statement by BNP Paribas and EIB.

    Frequently Asked Questions about BNP, EIB announce 1 billion euros in guarantees for EU wind projects

    1What is the main topic?

    The article discusses the collaboration between BNP Paribas and the European Investment Bank to provide €1 billion in guarantees for wind energy projects in the EU.

    2What is the potential investment value?

    The guarantees could generate up to €8 billion in investments for wind energy projects across the European Union.

    3Who are the main organizations involved?

    The main organizations involved are BNP Paribas and the European Investment Bank (EIB).

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