EIB : €1.8 Bn to support 45 clean energy-related investments in 12 different Member States

€1.8 Bn will be disbursed from the Modernisation Fund to support 45 clean energy-related investments in 12 different Member States, announced the European Commission and the European Investment Bank on 17/12/2025.

"This includes the first ever investments in Portugal, which became a beneficiary Member State in 2024", they said.

€3.66 Bn has already been disbursed in July for 34 investments, "bringing the total disbursed in 2025 to €5.46 Bn and the total number of investments across all beneficiary Member States to 79".

All of the projects supported in 2025 focus on renewable electricity generation, the use and deployment of renewable energy sources, the modernisation of energy networks and improvements in energy efficiency.

The EIB and the European Commission cite some examples:
• heating and cooling from renewable sources to district heating networks and industry in Bulgaria;
• upgrading and modernising the electricity network in Greece;
• increasing the electricity grid capacity in Latvia;
• renewable based heating and cooling utilising existing geothermal potential, supported by other…