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EIB Considering $131 Million Loan for Czech Energy Efficiency

The European Investment Bank is considering a 100 million-euro ($131 million) loan for energy- efficiency projects in the Czech Republic.

The loan, through the Czech-based unit of Raiffeisen Bank International AG, will fund small and mid-size projects usually costing less than 25 million euros, according to a statement on the EIB website. The loan is expected to be accompanied by a grant, according to the EIB, based in Luxembourg.

To contact the reporter responsible for this story: Sally Bakewell in London at Sbakewell1@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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