Spain: EIB and Gmp join forces to promote investment in sustainable buildings in Madrid ...Middle East

european union - Economy
source : european union ( Middle East ) () 15
The EIB and GMP PROPERTY SOCIMI (Gmp), one of Spain's biggest real estate groups, are set to finance green investments in Madrid, reducing energy consumption and CO2 emissions in office buildings. To this end, the EU bank will provide the Spanish company with €28 million in financing for the development of near zero energy buildings (NZEBs) and for refurbishments works aimed at improving energy efficiency. The operation is supported by the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe.

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