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EIB signed EUR 359m in new commitments in Slovenia in 2023

Luxembourg, 02 February (STA) - The European Investment Bank (EIB) group signed EUR 359 million in new commitments for projects in Slovenia in 2023, funding projects that promote sustainable transport and progress towards decarbonisation and sustainability. The European Investment Fund (EIF) entered two guarantee agreements for EUR 67 million.

In 2023 the EIB "approved key projects to enhance the country's infrastructure," the group wrote in a press release on Friday. They noted the EUR 250 million loan for the Divača-Koper rail track as one of their major operations in Slovenia that highlights "the EIB's commitment to strategic infrastructure development and cleaner transportation."

In the energy sector, the EIB singled out a EUR 42 million loan signed with Elektro Primorska as part of their mission to "bolster the region's energy infrastructure while adhering to the highest sustainability standards".

The EIB is working with several other operators in the country and expect to further finance the sector in 2024.

In this year EIB also hopes to deliver financing for projects in sustainable transport, energy efficiency and affordable housing.

"In the energy, manufacturing and industrial sectors, we are intensifying collaboration with the private sector to foster the growth of private companies in Slovenia and the wider region," said EIB vice-president Kyriacos Kakouris.

The EIF guarantee agreements are expected to enable at least EUR 100 million of financing to small and medium-sized enterprises for sustainable investment, innovation and digitalisation.

EIB is an EU bank that provides long-term financing and is owned by the EU member states. The group finances investments that contribute to the Union's goals, including social and territorial cohesion, competitiveness, innovation, sustainable development and a fair and just transition to carbon neutrality. The EIB has been active in Slovenia since 1977 and has invested EUR 7.3 billion in various projects.

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