EU lending arm bankrolls OVHcloud's European expansion with €200m

French hyperscaler OVHcloud has landed a €200m loan from the European Investment Bank (EIB) to fund its investments in Europe.  EIB claims the credit facility demonstrates its determination to actively support European digital players.  This commitment is also in line with the EU's priorities for strategic autonomy in the field of new technologies. The duo said this is the first financing for a pure cloud player, for a maximum amount provided by the EIB, which is intended to support ...