Four energy projects, earmarked for funding under the European Fund for Strategic Investments (EFSI), have been approved in principle for loans by the Board of the European Investment Bank (EIB), according to an EIB statement released on 19 May.
However, an EIB source told Europolitics that since the EFSI guarantee cannot be confirmed until its approval, “in the event of uncertainty the bank is committed to financing these projects off its own balance sheet”.
The source added that the EIB…