Daily Archives: 20, July 2023

Logicor Expands Presence in France with Acquisition of Urban Logistics Development near Paris

(IN BRIEF) Logicor, a leading logistics real estate company in Europe, has acquired an urban logistics development in the west of Paris from Scannell Properties. The undisclosed deal involves a forward funded speculative development of a modern warehouse spanning approximately … Read the full press release

European Investment Bank Provides €50 Million Loan to Brainlab’s R&D Program for Medical Technologies

(IN BRIEF) The European Investment Bank (EIB) has signed a €50 million loan, guaranteed by the European Fund for Strategic Investments (EFSI), to co-finance Brainlab AG’s R&D program in 2023 and 2024. Brainlab, a Munich-based company, develops and distributes hardware … Read the full press release

Luxembourg Increases Pledge to Financial Inclusion Fund, Expanding Support for Vulnerable Groups

(IN BRIEF) Luxembourg has pledged an additional €4.8 million to the EIB Global’s Financial Inclusion Fund, bringing the fund’s total size to €11.5 million. The fund supports financial service providers that focus on vulnerable groups in African, Caribbean, and Pacific … Read the full press release

Alarming Figures: 9.3% of EU Population Can’t Afford Adequate Home Heating, European Economic and Social Committee (EESC) Warns

(IN BRIEF) Approximately 42 million people in the European Union (EU) are unable to afford proper heating for their homes, according to the European Economic and Social Committee (EESC). The EESC emphasized the need for the EU to take decisive … Read the full press release

Nigel Dentoom Brings 40 Years of Metals Sector Experience to London Metal Exchange (LME) Board

(IN BRIEF) Nigel Dentoom has been appointed as a Non-Executive Director of the Board at the London Metal Exchange (LME). With 40 years of experience in the metals sector, Nigel brings extensive knowledge of both financial and physical markets. He … Read the full press release

CACEIS Collaborates with Ardian and Eight Advisory as Custodian for Women-Led Booster Fund

(IN BRIEF) CACEIS, the asset servicing banking group, has been selected as the custodian for the Booster Fund launched by Ardian and Eight Advisory. The Booster Fund, with an initial size of €1 million, aims to support female entrepreneurs over … Read the full press release

Investment Powerhouses Impala and Exor Forge Strategic Alliance to Drive the Expansion of TagEnergy’s Renewable Solutions

(IN BRIEF) Investment firms Impala and Exor have partnered to support the growth of TagEnergy, a company operating in the renewable and energy storage sectors. TagEnergy, founded in 2019 by Franck Woitiez and Jacques Veyrat, focuses on developing, financing, and … Read the full press release