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Published on 2/22/2024 in the Prospect News Bank Loan Daily and Prospect News Green Finance Daily.

Vulcan Energy financing proposal up to €500 million to be considered by EIB

By Mary-Katherine Stinson

Lexington, Ky., Feb. 22 – The European Investment Bank will consider a proposed loan of up to €500 million to Vulcan Energy Resources Ltd. for its zero-carbon lithium project, according to a notice.

Perth, Australia-based Vulcan Energy Resources was founded in 2018, with the goal to develop the world’s first lithium company with net zero carbon footprint.


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