EIB financing to MERLIN for energy efficiency projects
The European Investment Bank (EIB) will lend EUR 45.2 million to Merlin, the largest Spanish real estate company, to enhance the energy efficiency of its building stock. Among the measures that will be taken to reduce carbon emissions there are façade improvements and renovations to upgrade insulation, heating and air conditioning systems. Some modern LED solar panels will be installed as well. The project, financed by MERLIN and supported by the EIB, is expected to generate 460 jobs in the phase of development.
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