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Eroski to benefit from €40m energy efficiency loan

SPAIN: The Spanish retailer Eroski is to benefit from a €40m framework loan from the European Investment Bank (EIB) for energy efficiency and digital investments across its stores.

Energy efficiency investments will focus on upgrading industrial refrigeration systems and heating, ventilation and air conditioning systems across around 1500 Eroski stores. The upgrades include switching to more sustainable refrigerants and improving energy performance to cut CO2 emissions.

Eroski is one of the leading retail groups across northern mainland Spain and the Balearic Islands, with a 12.7% market share. Its retail network includes supermarkets, hypermarkets, cash‑and‑carry stores and online supermarkets, as well as petrol stations, sports shops and other non‑food businesses. 

The operation supports TechEU, the European Union’s largest investment programme for accelerating technological innovation, and REPowerEU, which aims to cut reliance on fossil fuel imports.

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