EIB and BNP Paribas Sign €700M Guarantee Deal for European Power Grids

Key Facts

1The European Investment Bank and BNP Paribas signed a deal to mobilize €700 million in guarantees for European electricity grid manufacturers.

2The agreement is backed by €350 million in counter-guarantees from each party.

The European Investment Bank and BNP Paribas signed a deal to mobilize €700 million in guarantees for European electricity grid manufacturers. Reuters reported that the agreement is designed to support the scaling of electricity grid manufacturing capacity across Europe.

The framework is backed by €350 million in counter-guarantees from each party. In equity markets, BNPQF closed at $112 on September 28, 2026, having traded between a high of $115.95 and a low of $110.65 during that session.