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The European Investment Bank and BNP Paribas will mobilise €700 million in guarantees for EU electricity grid manufacturers, backed by €350 million counter-guarantees from each party, under InvestEU.
The European Investment Bank and BNP Paribas EURONEXT:BNP have signed an agreement to mobilise €700 million in guarantees for European electricity grid manufacturers, backed by €350 million in counter-guarantees from each party, BNP said on Tuesday.The deal, supported by the European Union's Invest…