- The loan will enable French technology and engineering company Technip Energies to accelerate its research and development investments.
- The financing will also support the extension of Technip Energies’ textile recycling company Reju and its demonstration hub, preparing for its potential industrial scale-up.
- As part of the EIB’s TechEU initiative, the financing aims to support skilled jobs and innovation in Europe, by a European champion on the global stage.
The European Investment Bank (EIB) has provided €40 million in financing to Technip Energies, a French-based and Euronext-listed global technology and engineering company in the energy and chemical sectors. The loan will support Technip Energies’ research and development investments over the period up to 2028, with a focus on clean and circular technologies, and with the potential to develop industrial electrification, polymer recycling and sustainable chemistry.