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The investment also contributes into the REPowerEU system, which aims to eliminate the eu Union’s dependence on Russian fuel and oil. The EIB is supporting the initiative by boosting its thoroughly clean Electrical power lending to unprecedented volumes, with yet another €thirty billion dedicated along with its normal operations. EIB Vice-President Thomas Östros, that is responsible for overseeing projects in Austria, claimed: “We are happy to take a position into accelerating the greening of electricity era in Austria.
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