The €650 million ($702 million) project is being funded by the European Investment Bank, which recently finalized a green credit deal with Belgian transmission operator Elia to...

The €650 million ($702 million) project is being funded by the European Investment Bank, which recently finalized a green credit deal with Belgian transmission operator Elia to kick off the first phase. This initiative is a key part of the EU’s ambitious REPowerEU plan to phase out fossil fuels and fully commit to sustainable energy.

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