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Home » Finance » EIB Provides EUR 300 Million Loan to Voestalpine for Green Steel R&D
Finance

EIB Provides EUR 300 Million Loan to Voestalpine for Green Steel R&D

By Matthew WrightJuly 1, 20241 Min Read
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Credit: EIB
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The European Investment Bank (EIB) has approved a EUR 300 million (USD 321.2m) loan for Austrian technology group Voestalpine (VIE:VOE) to bolster its research and development (R&D) efforts in green steel production. Voestalpine intends to utilize the funding over a four-year R&D program aimed at enhancing manufacturing processes, improving energy and raw material efficiency, and

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Electricity European Investment Bank Funding Research And Development Voestalpine
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