EIB loans £1.5bn to National Grid to improve the UK’s power infrastructure
10 November 2014
UK’s National Grid has secured a £1.5bn loan from the European Investment Bank (EIB) to strengthen the power transmission network in the country. It is the largest ever single loan to be offered by the European lending institution, EIB stated. Besides being used to set-up new power generation links, especially for renewables, the funds will […]