The European Investment Bank (EIB) has signed a new agreement in Spain with the backing of the Juncker Plan’s European Fund for Strategic Investments (EFSI). The EIB is lending €50 million in financing to Forestalia Renovables for the construction of nine new wind farms in the region of Aragón. An additional €120 million is coming from the private sector. » Investing in renewables means investing in quality jobs. Spain has the potential to be the benchmark for renewable energies and sustainable long-term job creation, said Commissioner for Climate Action and Energy Miguel Arias Cañete said. These projects provide an example of this potential and they will certainly not be the last ».
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