Brussels wants to attract more private capital for clean energy. EIB advances 75 billion

Tuesday, 10 March 2026RSS
Brussels wants to attract more private capital for clean energy. EIB advances 75 billion

The European Commission put forward a set of measures this Tuesday, which it describes as “structural,” to address shortcomings regarding investment in clean energy and nuclear power in particular, as well as more affordable energy prices. Regarding investment, it will rely on the help of the EIB.

Context & Explainers

The Recovery and Resilience Plan (Plano de Recuperação e Resiliência) is Portugal's national programme under the EU's NextGenerationEU to fund reforms and investments after COVID‑19; the plan includes roughly €16.6 billion in grants plus about €2.7 billion in loans approved in 2021. Payments are tied to specific milestones and targets — which the government said it is politically committed to meet — so missed milestones can delay projects and funding that affect public works, contractors and local services.

AI Summary AvailableGovernment allocates €60 million to modernize national electrical gridRead the synthesized summary with context and explainers
View full article on ECO

RSS source