SUBSCRIBE
PROFILE

ISB funding strengthens REPowerEU

An additional €30 billion of ISB funding, approved by the Board of Directors, will be provided to support the REPowerEU plan.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

An additional €30 billion of ISB funding, approved by the Board of Directors, will be provided to support the REPowerEU plan. Among the sectors targeted by this financing are renewable energy, energy efficiency and advanced technologies.

Targeted funding

ISB funding will be in the form of loans and equity financing by 2027. 115 billion for new investments. Over the past decade, the EIB has already made a significant contribution to financing the energy sector in the Union.

Funding averaged $10 billion per year. ISB aligns all of its financing operations with the goals of the Paris Agreement. The additional funds are for renewable energy.

ISB funding will support energy efficiency, storage networks and electric vehicle charging infrastructure. In addition, advanced technologies such as hydrogen are also included in this funding. In addition, the ISB Board of Directors approved technical and policy measures.

A European policy

IEB’s funding measures are designed to maximize the impact of new investments, as well as accelerate their pace. These provisions will make ISB loans more attractive to energy sector players. In particular, they will offer longer maturities and larger initial disbursements.

This ISB funding is part of the strategy set by the REPowerEU plan. It aims to make a substantial contribution to ending Russia’s dependence on fossil fuels. The chairman of the ISB group, Werner Hoyer, identifies this dependence as a critical vulnerability for European security.

Thus, the ISB declares its readiness to work with the private sector and to invest heavily to maximize the impact of these funds. Ursula Von der Leyen states:

“With the ISB contribution announced today, we can move even faster to clean up Europe’s energy system and end our dependence on Russian fossil fuels.”

The additional EIB funding is aimed at improving Europe’s energy security.

  • Popular on energynews.pro
Carney and Smith unlock pipeline to Asia and amend tanker ban law
Grenergy multiplies its net profit by seven and surpasses €700mn in CAPEX
ExxonMobil freezes Baytown, major blow to US blue hydrogen sector
Post-CfD renewable assets expose investors to increased market risk
South Korea under pressure from the IEA to liberalise its electricity market
Quebec maintains sole carbon price at the pump despite federal tax repeal
Quebec becomes the only Canadian province where a carbon price still applies directly to fuels, as Ottawa eliminated the public-facing carbon tax in April 2025.
India invests $872mn to locally produce rare earth permanent magnets
New Delhi launches a 72.8 bn INR incentive plan to build a 6,000-tonne domestic capacity for permanent magnets, amid rising Chinese export restrictions on critical components.
Long-term contracts reshape electricity market risk over 30 years amid volatility
The rise of CfDs, PPAs and capacity mechanisms signals a structural shift: markets alone no longer cover 10–30-year financing needs, while spot prices have surged 400% in Europe since 2019.
Berlin plans to acquire 25.1% of TenneT Germany by early 2026
Germany plans to finalise the €5.8bn ($6.34bn) purchase of a 25.1% stake in TenneT Germany to strengthen its control over critical national power grid infrastructure.
Ghana restructures its power sector around domestic gas to contain deficit
The Ghanaian government is implementing a reform of its energy system focused on increasing the use of local natural gas, aiming to reduce electricity production costs and limit the sector's financial imbalance.
Suriname targets 220,000 barrels per day in oil strategy by 2028
On the 50th anniversary of its independence, Suriname announced a national roadmap including major public investment to develop its offshore oil reserves.
China’s installed power capacity reaches 3.75 bn kW, up 17.3 %
China's power generation capacity recorded strong growth in October, driven by continued expansion of solar and wind, according to official data from the National Energy Administration.
Trump revives US offshore with 34 lease sales planned between 2026 and 2031
The 2026–2031 offshore programme proposes opening over one billion acres to oil exploration, triggering a regulatory clash between Washington, coastal states and legal advocacy groups.
The Mozambique centralises its gas infrastructure to secure the Beira–Rompco corridor
The government of Mozambique is consolidating its gas transport and regasification assets under a public vehicle, anchoring the strategic Beira–Rompco corridor to support Rovuma projects and respond to South Africa’s gas dependency.
NESO launches national consultation to plan regional energy infrastructure
The British system operator NESO initiates a consultation process to define the methodology of eleven upcoming regional strategic plans aimed at coordinating energy needs across England, Scotland and Wales.
COP30 locks in adaptation, avoids fossil phase-out and opens a climate regulatory front
The Belém summit ends with a technical compromise prioritising forest investment and adaptation, while avoiding fossil fuel discussions and opening a climate–trade dialogue likely to trigger new regulatory disputes.
Asian Development Bank commits $700mn to support Kyrgyz Republic’s energy strategy
The Asian Development Bank and the Kyrgyz Republic have signed a financing agreement to strengthen energy infrastructure, climate resilience and regional connectivity, with over $700mn committed through 2027.
UK urged to choose between carbon capture and aviation fuels
A study from the Oxford Institute for Energy Studies finds that energy-from-waste with carbon capture delivers nearly twice the climate benefit of converting waste into aviation fuel.
Sipperec renews electricity concession contract with EDF and Enedis
Signed for 25 years, the new concession contract between Sipperec, EDF and Enedis covers 87 municipalities in the Île-de-France region and commits the parties to managing and developing the public electricity distribution network until 2051.
The CRE assesses the gradual restart of retail energy markets
The French Energy Regulatory Commission publishes its 2023–2024 report, detailing the crisis impact on gas and electricity markets and the measures deployed to support competition and rebuild consumer trust.
Over 80 countries push for roadmap on fossil fuel phase-out at COP30
Gathered in Belém, states from Africa, Asia, Latin America and Europe support the adoption of a timeline for the gradual withdrawal from fossil fuels, despite expected resistance from several producer countries.
Europeans tighten the noose around Iran with targeted IAEA resolution
The E3 and the United States submit a resolution to the IAEA to formalise Iran's non-cooperation following the June strikes, consolidating the legal basis for tougher energy and financial sanctions.
UK creates taskforce to strengthen energy resilience after Heathrow outage
The United Kingdom launches a taskforce led by the Energy Minister to strengthen the security of the national power grid after a full shutdown at Heathrow Airport caused by a substation fire.
India targets $68bn in Japanese investment to boost gas and hydrogen
New Delhi is seeking $68bn in Japanese investment to accelerate gas projects, develop hydrogen and expand LNG import capacity amid increased openness to foreign capital.
Berlin sets subsidised electricity price at €0.05/kWh for heavy industry until 2028
Germany will introduce a capped electricity rate for its most energy-intensive industries to preserve competitiveness amid high power costs.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.