{"id":75783,"date":"2025-11-11T10:37:28","date_gmt":"2025-11-11T10:37:28","guid":{"rendered":"https:\/\/europeanbusinessmagazine.com\/?p=75783"},"modified":"2026-01-10T06:37:27","modified_gmt":"2026-01-10T06:37:27","slug":"eib-to-mobilise-e1-billion-to-improve-electricity-system-and-promote-clean-energy-in-central-america","status":"publish","type":"post","link":"https:\/\/europeanbusinessmagazine.com\/sustainability\/eib-to-mobilise-e1-billion-to-improve-electricity-system-and-promote-clean-energy-in-central-america\/","title":{"rendered":"EIB to mobilise \u20ac1 billion to improve electricity system and promote clean energy in Central America"},"content":{"rendered":"

EIB Global, the international partnerships and development arm of the European Investment Bank (EIB), announced a new \u20ac1 billion financing initiative to strengthen power grid integration and clean energy across Central America, reflecting broader shifts in <\/span>European-led infrastructure investment and development finance.<\/b><\/a><\/p>\n

The financing is in line with the EU Global Gateway Investment Agenda (GGIA), extending <\/span>European policy frameworks and standards<\/b><\/a> beyond the EU\u2019s internal market.<\/span><\/p>\n

The Electricity Integration of Central America lending envelope will support the construction and upgrading of transmission and distribution infrastructure and promote renewable energy generation in Costa Rica, Panama, Honduras, Guatemala, El Salvador and Belize. The operation aims to help the region advance its energy transition and decarbonisation goals, while improving access to reliable and affordable electricity.<\/p>\n

Catalysing sustainable growth and regional integration<\/strong><\/p>\n

Through this initiative, the EIB will act as the EU investment catalyst for Central America\u2019s electricity integration and just transition, underlining how capital allocation and energy infrastructure are increasingly <\/span>shaping global markets.<\/b><\/a><\/p>\n

The operation is expected to include five to six sub-operations \u2013 each ranging between \u20ac150 million and \u20ac350 million \u2013 and will be implemented through framework loans and investment loans with national utilities and regional institutions.<\/p>\n

The EIB financing will contribute to the development of the Central American Regional Electricity Market (MER), created to facilitate electricity trade and integration between Panama, Costa Rica, Nicaragua, Honduras, El Salvador and Guatemala. The project supports the countries\u2019 commitments under their Nationally Determined Contributions (NDCs) and is expected to have a climate action contribution of around 85%.<\/p>\n

\u201cThe European Investment Bank is the climate bank, and a key player in Latin America and the Caribbean\u2019s energy transition. This financing will deliver cleaner energy, a better connected grid and a more secure and better quality supply for millions of people,\u201d said\u00a0EIB Group President Nadia Calvi\u00f1o<\/strong>.<\/p>\n

\u201cThe EIB\u2019s financial backing for the integration of Central America\u2019s power grids clearly demonstrates the European Union\u2019s commitment to the region for promoting our shared priorities, to the green transition and to supporting renewable energy as a key priority in cooperation between our regions,\u201d said\u00a0President of the European Council Ant\u00f3nio Costa<\/strong>.<\/p>\n

\u201cThis investment shows Team Europe\u2019s commitment to just, sustainable and inclusive development in Latin America and the Caribbean. In a turbulent and polarised world, Europe chooses to work together, promoting renewable energies that will improve the lives of millions of people and protect our planet. The integration of energy systems and interconnection with grids and key components of facilitating electricity trade. Europe will bring its added value: the high social and environmental standards that are central to our image and identity,\u201d said\u00a0Executive Vice-President of the European Commission for a Clean, Just and Competitive Transition Teresa Ribera<\/strong>.<\/p>\n

\u201cCentral America has enormous potential to advance a cleaner and more secure energy future. Through this initiative, the EU, under Global Gateway, is supporting a stronger and more interconnected electricity system that will ensure more reliable energy supplies and benefit communities, businesses and the environment. This investment reflects our commitment to fair and sustainable growth, and to working together as true partners for a more resilient region,\u201d said\u00a0European Commissioner for International Partnerships Jozef S\u00edkela<\/strong>.<\/p>\n

\u201cThis initiative is a clear example of how the EIB works with its partners to turn regional cooperation into real progress for people and economies. These investments in stronger power grids and renewable energy will help Central America move towards a more secure, connected and sustainable energy future,\u201d said\u00a0EIB Vice-President Ioannis Tsakiris<\/strong>.<\/p>\n

Team Europe and the impact of the EU-LAC Global Gateway Investment Agenda<\/strong><\/p>\n

This operation in part of the Latin America and the Caribbean component of the EU Global Gateway Investment Agenda. It is based on the agreements reached during the 2023 CELEC-EU Summit to improve connectivity, sustainability and partnerships between the regions. It reflects the Team Europe approach, which brings together EU institutions, EU Member States, development banks and private sector partners to deliver lasting benefits for the people and economies of Latin America and the Caribbean.<\/p>\n

Aiming to improve the reliability and interconnection of national power grids, the initiative will enable increased renewable generation capacity, cut energy losses and increase the number of users with access to a clean and stable electricity supply. It will also create opportunities for European companies to join a competitive and fast-growing energy market<\/p>\n","protected":false},"excerpt":{"rendered":"

EIB Global, the international partnerships and development arm of the European Investment Bank (EIB), announced a new \u20ac1 billion financing initiative to strengthen power grid integration and clean energy across Central America, reflecting broader shifts in European-led infrastructure investment and development finance. The financing is in line with the EU Global Gateway Investment Agenda (GGIA), […]<\/p>\n","protected":false},"author":4,"featured_media":75784,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[952,42],"tags":[],"class_list":{"0":"post-75783","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"category-sustainability"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/europeanbusinessmagazine.com\/wp-json\/wp\/v2\/posts\/75783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/europeanbusinessmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/europeanbusinessmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/europeanbusinessmagazine.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/europeanbusinessmagazine.com\/wp-json\/wp\/v2\/comments?post=75783"}],"version-history":[{"count":2,"href":"https:\/\/europeanbusinessmagazine.com\/wp-json\/wp\/v2\/posts\/75783\/revisions"}],"predecessor-version":[{"id":80846,"href":"https:\/\/europeanbusinessmagazine.com\/wp-json\/wp\/v2\/posts\/75783\/revisions\/80846"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/europeanbusinessmagazine.com\/wp-json\/wp\/v2\/media\/75784"}],"wp:attachment":[{"href":"https:\/\/europeanbusinessmagazine.com\/wp-json\/wp\/v2\/media?parent=75783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/europeanbusinessmagazine.com\/wp-json\/wp\/v2\/categories?post=75783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/europeanbusinessmagazine.com\/wp-json\/wp\/v2\/tags?post=75783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}