To this end, the EU bank will provide the Spanish company with €28 million in financing for the development of near zero energy buildings (NZEBs) and for refurbishment works aimed at improving energy efficiency. The operation is supported by the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe. The EIB financing will support national and European energy efficiency targets, will help mitigate climate change and aims to lead to a catalytic effect for the growth of highly energy-efficient buildings in Spain. At the same time, these investments will boost the economic recovery following the COVID-19 crisis and will drive the employment of 280 people during the implementation phase.