EIB and Deutsche Bank team up to support EU wind power industry
EIB grants 500 mln euros counter-guarantee to Deutsche Bank
Represents 10% slice of 5 bln euro initiative for wind
EU industry challenged by raft of supply chain troubles
By Vera Eckert
FRANKFURT, July 31 (Reuters) -The European Investment Bank (EIB) will provide a 500 million euros ($540 million) guarantee to Deutsche Bank DBKGn.DE to help the lender support Europe's wind power industry, the two organisations and the European Commission said on Wednesday.
The so-called counter guarantee is the first in a 5 billion euros initiative mapped out by the European Union's development bank in December to boost wind power capacity in the bloc.
That came after the Commission presented a package aimed at enlisting commercial banks' support for increasing the roll-out of renewable energy to help meet climate policies and improve energy security in the wake of Russia's invasion of Ukraine.
Counter-guarantees are promises to cover losses if a borrower defaults on a loan.
The EIB's move is designed to enable Deutsche Bank to set up a portfolio of up to 1 billion euros of guarantees for investments in wind generation and grid connections.
The 1 billion euros portfolio is expected to spur up to 8 billion euros of investments by companies or individuals, the three organisations said in a joint statement.
Wind equipment makers face challenges including uncertain demand, slow project-permitting, and supply-chain bottlenecks, as well as high inflation and commodity prices.
Chinese rivals are also expanding in the EU with low price products.
The EIB's 5 billion euro initiative could support the building of 32 gigawatts (GW) of new wind capacity, contributing towards an EU target for 117 GW of new capacity by 2030.
($1 = 0.9246 euros)
Reporting by Vera Eckert; Editing by Mark Potter
Aloqador aktivlar
Eng oxirgi yangiliklar
Javobgarlikdan voz kechish: XM Group korxonalari har biri faqat ijro xizmatlarini koʻrsatadi va onlayn savdo platformamizdan foydalanish huquqini beradi, bu odamga veb-saytda yoki veb-sayt orqali mavjud boʻlgan kontentni koʻrish va/yoki undan foydalanishga ruxsat beradi hamda uni oʻzgartirishga moʻljallanmagan va uni oʻzgartirmaydi yoki kengaytirmaydi. Bunday kirish va foydalanish huquqi doimo quyidagilarga boʻysunadi: (i) Shartlar va qoidalar; (ii) Risklar haqida ogohlantirish; va (iii) Javobgarlikni toʻliq rad etish. Shuning uchun bunday kontent umumiy maʼlumot sifatida taqdim etiladi. Xususan, shuni esda tutingki, bizning onlayn savdo platformamiz mazmuni moliyaviy bozorlarda biror bitimni amalga oshirishga oid maslahat yoki taklif emas. Har qanday moliyaviy bozorda savdo qilish sizning kapitalingiz uchun jiddiy risk darajasini oʻz ichiga oladi.
Onlayn savdo platformamizda chop etilgan barcha materiallar faqat taʼlim/axborot maqsadlari uchun moʻljallangan va unda moliyaviy, investitsiya soligʻi yoki savdo maslahatlari va tavsiyalar; yoki bizning savdo narxlarimizning qaydlari; yoki har qanday moliyaviy vositalar bilan bitim tuzish maslahati yoki taklifi; yoki sizga kerak boʻlmagan moliyaviy reklama aksiyalari hisoblanmaydi
Har qanday uchinchi tomon kontenti, shuningdek XM tomonidan tayyorlangan kontent, masalan: fikrlar, yangiliklar, tadqiqotlar, tahlillar, narxlar va boshqa maʼlumotlar yoki bu veb-saytda joylashgan uchinchi tomon saytlariga havolalar umumiy bozor sharhi sifatida "boricha" taqdim etiladi va investitsiya maslahatini tashkil etmaydi. Har qanday kontent investitsiya tadqiqoti sifatida talqin qilinsa, siz bunday kontentni investitsiya tadqiqotlarining mustaqilligini ragʻbatlantirish uchun moʻljallangan qonun talablariga muvofiq moʻljallanmagan va tayyorlanmaganligini eʼtiborga olishingiz va qabul qilishingiz kerak, shuning uchun unga tegishli qonunlar va qoidalarga muvofiq marketing kommunikatsiyasi sifatida qaraladi. Mustaqil boʻlmagan investitsiya tadqiqoti va yuqoridagi maʼlumotlarga oid risk haqida ogohlantirishimizni oʻqib chiqqaningizga va tushunganingizga ishonch hosil qiling, unga bu yerdan kirish mumkin.
