Luxembourg, Oct. 28 -- The European Investment Bank (EIB) and DZ BANK are joining forces to support local municipal utilities and network operators with their investments in energy, heating and water infrastructure. As part of its "Growth4Energy" initiative, the EIB is providing DZ BANK with guarantees totalling €500 million. Thanks to the risk-sharing arrangement, DZ BANK is able to provide additional financing of up to €1.2 billion.The cooperation agreement was concluded at a formal signing ceremony held at DZ BANK's premises.The energy and heating transition requires substantial investment. The German Association of Energy and Water Industries (BDEW) and EY estimate that investment requirements in Germany will amount to more ...