Monthly Archives: June 2023

RWE Partners with Jan De Nul Group for Offshore Wind Installation Vessels

(IN BRIEF) RWE has partnered with Jan De Nul Group to secure the long-term usage of two next-generation installation vessels for offshore wind projects. The agreement includes the exclusive charter of “Les Alizés” and “Voltaire,” specialized vessels capable of installing … Read the full press release

HSBC Expands Innovation Reach with HSBC Innovation Banking and SVB UK Integration

(IN BRIEF) HSBC has launched HSBC Innovation Banking, a new initiative that includes Silicon Valley Bank UK (SVB UK) and innovation teams in the US, Israel, and Hong Kong. The launch took place during London Tech Week, where HSBC executives … Read the full press release

iGulu F1: Brewing Evolution Unleashed

iGulu Smart Capsule Homebrew Appliance F1

The Future of Homebrewing Has Arrived (IN BRIEF) The iGulu F1 Smart Capsule Homebrew Fermenter is a highly anticipated product that aims to revolutionize homebrewing. It combines tradition and technology to offer enthusiasts an unparalleled brewing experience. The F1 delivers … Read the full press release

Nora Wahby Takes Charge of Ericsson’s Customer Unit, Driving Technological Advancements in Northern and Central Europe

(IN BRIEF) Nora Wahby has been appointed as the Head of Customer Unit Northern and Central Europe for Ericsson, effective September 1, 2023. She will lead the business with over 100 customers across 16 countries in the Nordics, Baltics, and … Read the full press release

Hydro to Construct State-of-the-Art Aluminum Recycling Plant in Spain

(IN BRIEF) Hydro, a global leader in aluminum production, has signed an agreement to purchase land in Torija, Spain, where it plans to build a state-of-the-art aluminum recycling plant. The facility will have an annual capacity of 120,000 tonnes and … Read the full press release

Northern Italy’s SMEs to Benefit from Banca Cassa di Risparmio di Savigliano and EIF’s Green Transition Partnership

(IN BRIEF) Banca Cassa di Risparmio di Savigliano and the European Investment Fund (EIF) have partnered to support the green transition of small and medium-sized enterprises (SMEs) in Northern Italy. The EIF has provided a €32.9 million capped guarantee to … Read the full press release

Ukrainian Railways Secures €200 Million Loan from EBRD for Cross-Border Rail Enhancements

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €200 million loan to Ukrainian Railways (Ukrzaliznytsya or UZ) to upgrade railway connections with the European Union. This loan aims to improve cross-border capacity and enhance railway … Read the full press release

BAE Systems Secures 10-Year Contract to Maintain and Upgrade Royal Navy’s Radar Systems

(IN BRIEF) BAE Systems has been awarded a 10-year, £270 million contract by the Ministry of Defence (MOD) to support the Royal Navy’s radar systems. The contract covers maintenance and upgrades for the Artisan, Sampson, and Long Range Radar (LRR) … Read the full press release

TotalEnergies Accelerates Renewable Energy Development in Kazakhstan with Mirny Wind Farm Agreement

(IN BRIEF) TotalEnergies has signed a Power Purchase Agreement (PPA) for the Mirny wind project in Kazakhstan, marking the country’s largest wind energy initiative. The project involves a 1 GW onshore wind farm and a 600 MWh battery energy storage … Read the full press release

DNV Grants GASA Certificate to KNCC’s LCO2-EP Tank System, Advancing CO2 Transportation

(IN BRIEF) DNV has awarded Knutsen NYK Carbon Carriers (KNCC) a General Approval for Ship Application (GASA) certificate for their LCO2-EP tank system, designed for transporting liquefied CO2. The innovative tank system, based on compressed natural gas principles, utilizes small-diameter … Read the full press release

Iberdrola to Construct Southern Europe’s First Green Ammonia Plant in Landmark Partnership with Trammo

(IN BRIEF) Iberdrola and Trammo have signed a major agreement to advance the use of green ammonia in Europe. The agreement involves the purchase and sale of up to 100,000 tons of green ammonia per year, making it the largest … Read the full press release

Innovative Partnership: AstraZeneca and Quell Therapeutics Targeting Autoimmune Diseases with Engineered Treg Cell Therapies

(IN BRIEF) AstraZeneca and Quell Therapeutics have announced a collaboration to develop innovative treatments for Type 1 Diabetes and Inflammatory Bowel Disease. Quell’s T-regulatory cell engineering technology will be used to create potential curative therapies. AstraZeneca has the option to … Read the full press release

Georgia’s GRC Partners with EU and EBRD to Enhance Building Materials Offering

(IN BRIEF) GRC, the leading producer of building materials in Georgia, has partnered with the European Union (EU) and the EBRD to expand its product portfolio by introducing rain gutter systems. The EU4Business-EBRD Credit Line supported GRC’s investment in modern … Read the full press release

EBRD, EU, and Elec’Recyclage Inaugurate State-of-the-Art Waste Recycling Facility in Tunisia

(IN BRIEF) EBRD, EU, and Elec’Recyclage have inaugurated a new industrial waste recycling facility in Tunisia. Elec’Recyclage Tunisie received a €1.1 million loan from EBRD and an €85,000 grant from the EU for the construction of the facility. The investment … Read the full press release

Azimut’s Diversified Corporate Credit ESG-8 Fund Secures €30 Million Investment from EIF

(IN BRIEF) The European Investment Fund (EIF), with support from the InvestEU program, has committed €30 million as a cornerstone investor in the Azimut Diversified Corporate Credit ESG-8 fund. The fund, managed by Azimut Investments SA, aims to reach a … Read the full press release

InvestEU-backed Partnership to Stimulate SME Growth and Digitalization in Slovenia

(IN BRIEF) The European Investment Fund (EIF) and SID Bank have signed a guarantee agreement worth €42 million to unlock €72 million in new loans for micro, small, and medium-sized enterprises (SMEs) in Slovenia. The agreement, backed by InvestEU, will … Read the full press release

EIB and BNG Bank Renew Partnership, Offering €600 Million in Favorable Financing for Dutch Public Sector

(IN BRIEF) The European Investment Bank (EIB) and BNG Bank have renewed their collaboration in the Netherlands with a new €300 million lending agreement. The loan aims to provide low-cost financing to Dutch public sector entities, particularly healthcare and educational … Read the full press release

EIB and Grupo Cooperativo Cajamar Boost Access to Finance for Spanish Rural Enterprises and Green Initiatives

(IN BRIEF) The European Investment Bank (EIB) and Grupo Cooperativo Cajamar have announced a partnership to provide €980 million in new financing to small and medium-sized enterprises (SMEs) and mid-caps in rural areas and green projects in Spain. The EIB … Read the full press release

EIB Survey Highlights Stability and Expansion Plans of Banking Groups in CESEE

(IN BRIEF) International banking groups maintain a strong presence in Central, Eastern, and South-Eastern Europe (CESEE) despite geopolitical challenges, according to a recent survey by the European Investment Bank (EIB). The survey indicates that parent banks in CESEE countries have … Read the full press release

EIB Report Calls for Reforms and Financial Support to Boost Nature-Based Solutions in Europe

(IN BRIEF) A report by the European Investment Bank (EIB) highlights the importance of nature-based solutions in building resilient societies in the face of climate change. The report calls for regulatory and subsidy reforms and a more flexible range of … Read the full press release