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The investment also contributes to your REPowerEU prepare, which aims to remove the eu Union’s dependence on Russian fuel and oil. The EIB is supporting the initiative by elevating its thoroughly clean Electrical power lending to unparalleled volumes, with yet another €30 billion fully commited in addition to its typical functions. EIB Vice-President Thomas Östros, who's chargeable for overseeing projects in Austria, claimed: “We are very pleased to speculate into accelerating the greening of energy technology in Austria.
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