The RDI investments financed by the EIB will be carried out over four years, up to 2023, at the company's centres in
The agreement will also support the company's innovation strategy focusing on the design and manufacture of its range of products and solutions (instrument transformers, relays, reclosers, ACP), boosting efficiency, reliability and sustainability. These investments will enable the
The project will have twofold climate action benefits. Firstly, it will enable the
During the signing ceremony in
“The electric power sector is in a period of transition, and in the
The EIB is among the world's largest multilateral providers of climate finance. Its goal is to be a leader in mobilising the finance needed to limit the average global temperature increase to 1.5 C compared to preindustrial levels in order to meet the Paris Agreement objectives. On
The Investment Plan for
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– RDI investments will enable Spanish multinational to expand production and improve its competitiveness.
– Climate action: project will contribute to energy transition by fostering development of safer and more efficient electrical systems.
– Employment impact: investments will be carried out in
– Agreement is supported by the Investment Plan for