European Investment Bank, the European Union's investment bank, agreed to invest €50m in Wenea, a mobile energy service company, to deploy over 470 charging stations for electric vehicles in Spain. "Transport is the second-largest source of global greenhouse gas emissions and, therefore, the decarbonisation of this sector is key to achieving climate neutrality by 2050. A lack of EV charging points is one of the major deterrents to the adoption of electric vehicles. This is why, as the EU climate bank, we are delighted to back Wenea in this endeavour that will strengthen long-distance clean mobility and boost job creation in Spain, contributing to a sustainable and inclusive revival of the Spanish economy," Ricardo Mourinho Félix, EIB Vice President.