Global Trade Alert
Global Trade Alert

Spain: EIB provides EUR 53 million financing to Iberdrola to develop green hydrogen for industrial use

Announcement

01 Apr 2022

In April 2022, the EIB provided financing worth EUR 53 million (USD 57 million) to support Spanish company Iberdrola in the construction of a hydrogen production plant.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Apr 2022

Revocation date:

No revocation date

Announced: 01 Apr 2022
State loan In force
On 1 April 2022, the European Investment Bank (EIB) and Spanish company Iberdrola SA signed a loan agreement worth EUR 53 million (approx. USD 57 million) for the project 'Iberdrola Green Hydrogen' de...
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