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European Bank Allocates 300 Million Euros to the Modernisation of Electricity Grids in Brazil

Summary by Hola News
Belém (Brazil), 20 Nov (EFE).- The European Investment Bank (EIB) will allocate 300 million euros to the financing of the modernization of the electricity distribution network of Bahia, one of the most tourist states of northeastern Brazil and the fifth largest of the country, with about 15 million inhabitants.The loan was granted this year through an agreement with Neoenergy, the subsidiary in Brazil of the Spanish electricity company Iberdrola…

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European Bank Allocates 300 Million Euros to the Modernisation of Electricity Grids in Brazil

Belém (Brazil), 20 Nov (EFE).- The European Investment Bank (EIB) will allocate 300 million euros to the financing of the modernization of the electricity distribution network of Bahia, one of the most tourist states of northeastern Brazil and the fifth largest of the country, with about 15 million inhabitants.The loan was granted this year through an agreement with Neoenergy, the subsidiary in Brazil of the Spanish electricity company Iberdrola…

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Hola News broke the news in on Tuesday, December 2, 2025.
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