This is one of the incredibly useful ways the European Investment Bank (EIB) works. By counter-guaranteeing bank guarantees, it unlocks far more money for necessary investments. Unfortunately, Brexiters said we didn't need this kind of help and so we can no longer benefit from it.
#RejoinEU 🇬🇧🇪🇺
We are providing a €500 million counter-guarantee to Banco Santander, enabling a portfolio of up to €1 billion in bank guarantees.

This is set to unlock €8 billion in wind energy investment, addressing supply chain disruptions, high costs, and international competition ⤵️

bit.ly/EU_WindEnergy

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