EIB Funds U.K.'s National Grid, Calls Government to Invest in Power Networks

ISTANBUL--November 12, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--The European Investment Bank (EIB) will loan 1.5 billion pounds ($2.39 billion) to the U.K.'s National Grid for system upgrades, power generation connections and improved networks. The credit is the largest single loan made by the EIB, which is funded by European Union member countries.

Within this article: Details of U.K. power infrastructure developments.