EIB and BNP Paribas create a €700 million guarantee pool for grid manufacturers.

The European Investment Bank and BNP Paribas agreed to mobilise €700 million in guarantees for manufacturers of electricity-grid equipment, with €350 million of counter-guarantees from each institution.

By TomorrowNews · AI-assisted briefing
Source published 29 Sept 2026 · Briefing published 30 September 2026

AI-generated illustration of transformers moving from a factory toward substations and transmission lines; it is not a photograph of an EIB or BNP project. — AI-generated illustration — not a photograph of the event. Conceptual grid-manufacturing infrastructure is shown; no funded facility is depicted. · TomorrowNews / AI-generated illustration

The InvestEU-backed portfolio is expected to support up to €2.8 billion of real-economy investment by expanding finance for manufacturers of grid components. It forms part of the EIB's €1.5 billion Pan-EU Power Grid package.

The EIB said it invested €33 billion in energy projects during 2025, including €11.6 billion in grids and storage. The new agreement targets a supply-chain bottleneck as Europe expands and modernises electricity networks.

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