{"id":23002,"date":"2026-05-24T20:16:02","date_gmt":"2026-05-24T20:16:02","guid":{"rendered":"https:\/\/www.europesays.com\/france\/23002\/"},"modified":"2026-05-24T20:16:02","modified_gmt":"2026-05-24T20:16:02","slug":"eib-provides-credit-agricole-with-e500mn-counter-guarantee-for-wind-energy","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/france\/23002\/","title":{"rendered":"EIB provides Cr\u00e9dit Agricole with \u20ac500mn counter-guarantee for wind energy"},"content":{"rendered":"<p>Cr\u00e9dit Agricole CIB has inked a strategic agreement with the European Investment Bank (EIB) that will see the lender build a portfolio of guarantees for wind energy totalling up to \u20ac1bn.\u00a0<\/p>\n<p>The EIB will provide a counter-guarantee of \u20ac500mn to Cr\u00e9dit Agricole, enabling the French bank to develop guarantees on behalf of its clients.\u00a0<\/p>\n<p>The organisations said the deal showed \u201ctheir strong mutual commitment to encouraging the transition to green energy\u201d.\u00a0<\/p>\n<p>The counter-guarantee will offer \u201ca growth mechanism for wind industry players ranging from the supply chain to the electricity grid\u201d to help mobilise private capital from other institutional and banking partners and support the development of the European wind sector. <\/p>\n<p>Cr\u00e9dit Agricole said the wind-related investments in the economy the EIB guarantee is expected to support could total \u20ac8bn.\u00a0<\/p>\n<p>The EIB\u2019s commitment is backed by InvestEU, a programme aimed at triggering \u20ac372bn in investments by 2027. The scheme was originally set up to boost the bloc\u2019s economy in the wake of the Covid 19 pandemic. \u00a0<\/p>\n<p><a href=\"https:\/\/www.gtreview.com\/news\/on-the-move\/credit-agricole-appoints-global-trade-and-transaction-banking-head\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Yves-Marie Gayet<\/a>, global head of international trade and transaction banking at Cr\u00e9dit Agricole, said: \u201cThe energy transition requires major investments and solid co-operation between public and private actors. \u00a0<\/p>\n<p>\u201cBy supporting the development of wind energy and its infrastructure, we are helping to strengthen the entire supply chain. Thanks to innovative financial solutions and our partnership with the EIB, we support our clients in their strategic projects and contribute to Europe\u2019s sustainable energy security.\u201d\u00a0<\/p>\n<p>Jean-Fran\u00e7ois Bala\u00ff, Cr\u00e9dit Agricole\u2019s chief executive, said the agreement marked a \u201cstrategic milestone\u201d for the bank.\u00a0\u00a0<\/p>\n<p>\u201cThis collaboration strengthens our capacity to support structural projects in the wind energy sector and to generate concrete impact in favour of the development of sustainable infrastructure,\u201d Bala\u00ff added.\u00a0<\/p>\n<p>Emmanuelle Trochu, global head of official institutions coverage at the lender, said the agreement shows \u201cthe importance of participating in the development of wind energy in order to increase Europe\u2019s energy independence by boosting decarbonised energy production\u201d.\u00a0\u00a0<\/p>\n<p>Last month, the <a href=\"https:\/\/www.gtreview.com\/news\/europe\/european-investment-bank-eyes-bigger-role-in-trade-and-export-finance\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">EIB revealed plans<\/a> to expand its role in trade and export finance, in a bid to boost trade with high-risk countries and help Europe compete with China.\u00a0<\/p>\n<p>This involves an ambition to launch a \u201cglobal trade finance platform\u201d and explore the use of \u201cpolitical risk insurance instruments\u201d.\u00a0<\/p>\n<p>Last year, Gayet told GTR that the bank was shifting its focus towards renewable energy and positioning itself \u201cto lead large infrastructure and transition energy projects requiring large volumes of guarantees\u201d.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Cr\u00e9dit Agricole CIB has inked a strategic agreement with the European Investment Bank (EIB) that will see the&hellip;\n","protected":false},"author":2,"featured_media":23003,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12927],"tags":[12947,17050,17051,17052,17053,17054,17055],"class_list":["post-23002","post","type-post","status-publish","format-standard","has-post-thumbnail","category-credit-agricole","tag-credit-agricole","tag-credit-agricole-corporate-and-investment-bank-cacib","tag-emmanuelle-trochu","tag-european-investment-bank-eib","tag-jean-francois-balay","tag-wind","tag-yves-marie-gayet"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/23002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/comments?post=23002"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/23002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media\/23003"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media?parent=23002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/categories?post=23002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/tags?post=23002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}