Economy & Trade
EIB & Bpifrance Fund Renewables, Defence with €650M
The European Investment Bank (EIB) and French public investment bank Bpifrance are strengthening their partnership with €650 million in new financing. The funds are earmarked to support small and medium-sized enterprises (SMEs) and mid-caps in France. This investment will specifically target the development of renewable energies and bolster the security and defence sectors, aligning with the EU's strategic autonomy goals. The operations aim to accelerate the green transition and enhance Europe's industrial capacity in critical areas.
EU funds are boosting French firms in the strategic sectors of green energy and defence.