AIIB and IFC Invest in Green Energy Transformation in Central and Eastern Europe

AIIB and IFC each invested up to €100 million in a senior unsecured bond issued by Kommunalkredit Austria AG. This investment aims to finance infrastructure projects in Central and Eastern Europe, specifically focusing on renewable energy capacity and reducing carbon footprints in Bulgaria, Hungary, Poland, Romania, and Türkiye. The initiative is part of the European Green Deal, accelerating the green energy transition in these regions.