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The European Investment Bank (EIB) has approved a €220 million loan to WEMAG for the expansion of electricity grid infrastructure in West Mecklenburg, covering over one-third of the company's planned investments over the next four years. This funding aims to enhance grid capacity for renewable energy sources, supporting a total investment of €1.2 billion by WEMAG by 2033. The initiative aligns with Germany's efforts to transform the energy sector and reduce reliance on fossil fuels.