The European Investment Bank (EIB) has officially agreed to support the research and development of Rolls-Royce aero engines through a £280m long-term loan.
The seven-year loan is the largest ever given by Europe’s long-term lending institution to Rolls-Royce for investment in the research and development of the higher thrust version of its Trent XWB aero-engine. Jonathan Taylor, vice president, European Investment Bank. The EIB has provided more than £723m for investment by Rolls-Royce in…
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