In a deal reached on 13 January, the EIB and Banque des Territoires will each invest €100 million to launch the Clean Buses Platform, an innovative investment programme dedicated to greening bus fleets across France. On 12 January, the EIB announced it will provide €65 million and Banco BPI an additional €47 million to EDP Renováveis S.A. (EDPR), one of the main producers of wind energy in the world, to finance the construction and operation of two onshore wind farms in the districts of Coimbra and Guarda, Portugal. In France, the EIB is providing a €125 million loan granted to BATIGERE Network subsidiary Livie to help build 1,500 affordable housing units over five years for 3,500 residents. On 7 January, BioGeneration Ventures (BGV), a leading early-stage VC in European biopharma, announced the closing of BGV IV at €140 million ($170 million), which includes €30 million in backing from the European Investment Fund (EIF). To ameliorate the economic impact of the pandemic in France, the EIB Group and BNP Paribas have agreed upon a synthetic securitisation that will enable BNP Paribas to deploy €515 million in new loans to SMEs and mid-caps over the next two years.