The European Investment Bank (EIB) has provided Dexia Bank and
its leasing subsidiary Dexia Lease with a €150 million loan to
finance renewable energy projects in Belgium and Luxemburg.
The EIB loan, which is the first of its kind in Belgium, will be
used to finance small and medium-scale projects – via project
finance and leasing – in the solar energy, wind energy, biomass and
cogeneration sectors.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
All renewable energy projects will have to be submitted to Dexia
Bank, and those selected will be financed up to 50 percent, using
the credit line provided by the EIB.
Jean-Luc Dehaene, Chairman of Dexia, said: “Thanks to this
partnership, no less than €300 million will be advanced via Dexia
Bank and Dexia Lease for such investments in Belgium and Luxembourg
over the coming months and years.”
“This underscores the central role of renewable energy in
Dexia’s strategy, a key sector supported via conventional lending
and via leasing, project finance and public-private partnerships,”
he added.
The loan is aimed at businesses, public authorities and
non-commercial sector players.
Antonio Fabrizio
