EIB finances Czech electricity distribution network upgrade

In:

Manufacturing, Traditional energy

Region:

Europe

The European Investment Bank will finance an investment programme to upgrade the electricity distribution network in the Czech Republic.

Czech energy utility CEZ will receive a €330 million loan, which will be used to modernise the network across nine regions, including Central Bohemia, Liberec and Olomouc.

The project will see the installation of 4,160km of new overhead as well as underground lines, refurbishment of 2,475km of lines and setting up an additional of the transformer with 861MVA capacity on the electricity network.

Additionally, the funding provided by the EIB will be used for the installation of automation and tele-control systems. About 20,000 new users are expected to benefit from reliable electricity supply annually under the investment programme.

View source

Why MDBs are tapping short-term bonds in 2025

Perspective

06 June 2025

Why MDBs are tapping short-term bonds in 2025

If the long end of the bond market were a dinner party, right now you’d hear a lot of awkward coughs and clinking ice as uncertainty grows and term premiums rise. Meanwhile,...

Cuvalo on HBOR’s resilience meets internationalisation philosophy

Interview

13 June 2025

Cuvalo on HBOR’s resilience meets internationalisation...

Hrvoje Čuvalo, President of the Management Board of the Croatian Bank of Reconstruction and Development, HBOR, and host of the Berne Union’s Spring Meeting in Dubrovnik,...

Must See

20 minutes with: Faruq Muhammad, Standard Chartered

Video

06 May 2025

20 minutes with: Faruq Muhammad, Standard Chartered

Uxolo speaks with Faruq Muhammad, Global Head, Development & Agency Finance at Standard Chartered Bank, guiding listeners through candid conversations on the bank’s role in global development finance, highlighting both challenges and opportunities across emerging markets. Faruq raises several thought-provoking topics that reveal how Standard Chartered operates at the intersection of commercial banking and development impact.

Perspective

06 June 2025

Why MDBs are tapping short-term bonds in 2025

If the long end of the bond market were a dinner party, right now you’d hear a lot of awkward coughs and clinking ice as uncertainty grows and term premiums rise. Meanwhile, MDBs have pivoted to shorter liabilities with less execution risk and tighter pricing.

Interview

13 June 2025

Cuvalo on HBOR’s resilience meets internationalisation philosophy

Hrvoje Čuvalo, President of the Management Board of the Croatian Bank of Reconstruction and Development, HBOR, and host of the Berne Union’s Spring Meeting in Dubrovnik, discusses HBOR’s evolution and priorities in development (and export) finance. How is HBOR developing its resilience and endeavouring to mobilise private capital and internationalise Croatia’s economy?