# EIB: Juncker פּלאַן שטיצט רינואַבאַל ענערגיע און כידעש אין # אַוסטריאַ מיט מער ווי € 100 מיליאָן אין אייראפעישער ינוועסטמענט באַנק פינאַנצן

The European Investment Bank (EIB) has signed two new deals in Austri: €48 million to windfarm operator Simonsfeld, of which €35 million is backed by the European Fund for Strategic Investments (EFSI), and €70 million to powertrain system developer AVL, also backed by the EFSI. Simonsfeld will use the financing boost to build and operate three new wind farms in Austria with a total capacity of 39 MW, which equates to the energy consumption of around 25,000 homes.

Commenting on the agreement, Commission Vice President responsible for Energy Union Maroš Šefčovič said: "This positive decision reflects the new reality – the EU's resolute transition to clean energy. Austria in particular is well on track to reach its 2020 target for renewable energy. These are precisely the steps we need in order to pave the way to a swift implementation of the Paris agreement."

AVL, the powertrain system developer, will use the EFSI-backed loan to expand its research and development activities, developing new, innovative and environmentally-friendly technology to use in hybrid and fully electric powertrains as well as advanced driver assistance systems (ADAS) for connected and autonomous vehicles.

For more information and all the latest EFSI results see the ינוועסטמענט פּלאַן וועבזייַטל. 

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