Daily Archives: 22, June 2024

EnBW and LevertonHELM Forge Alliance for Sustainable Lithium Production to Power European Electromobility

(IN BRIEF) EnBW and LevertonHELM have successfully collaborated on a project to produce high-purity lithium carbonate using direct lithium extraction (DLE) from thermal water at EnBW’s geothermal power plant in Bruchsal, Germany. LevertonHELM processed the extracted lithium chloride solution to … Read the full press release

Thales Alenia Space Launches ASTRA 1P Satellite to Enhance European Broadcast Capabilities

(IN BRIEF) Thales Alenia Space has successfully launched the ASTRA 1P communications satellite from Cape Canaveral, Florida, using a SpaceX Falcon 9 rocket. Designed on the Spacebus NEO platform with all-electric propulsion, ASTRA 1P aims to deliver high-definition TV content … Read the full press release

Volkswagen Revolutionizes Driving Experience with AI Integration in Latest Vehicle Models

(IN BRIEF) Volkswagen has integrated ChatGPT, an advanced AI tool, into its latest vehicle models to enhance the functionality of its IDA online voice assistant. This integration allows drivers to interact with their vehicles using natural language, expanding beyond traditional … Read the full press release

BBVA Foundation’s 16th Frontiers of Knowledge Awards Celebrate the Power of Knowledge

(IN BRIEF) The 16th BBVA Foundation Frontiers of Knowledge Awards ceremony, held in Bilbao, celebrated the importance of knowledge in addressing societal challenges, including climate change. BBVA Foundation President Carlos Torres Vila emphasized the need for attracting talent and capital … Read the full press release

ANDRITZ Secures Order from Sioen Technical Felts for Advanced Needlepunch Line

(IN BRIEF) ANDRITZ has been contracted by Sioen Technical Felts to supply a needlepunch line for their Liège, Belgium plant, allowing the production of heavy fabrics in a single step. This will enhance the quality by reducing delamination risks and … Read the full press release

FS Group Secures Landmark €3.5 Billion Sustainability-Linked Credit Facility

(IN BRIEF) Ferrovie dello Stato Italiane S.p.A. (FS Group) has signed its largest ever financial deal, a €3.5 billion committed and revolving credit facility with a three-year term. The credit line, secured with nine banks including Banca Popolare di Sondrio, … Read the full press release

Centrica Launches Energised Futures to Simplify and Affordable Energy for Consumers

(IN BRIEF) Centrica has introduced Energised Futures, a new start-up venture aimed at simplifying and reducing the cost of energy for consumers. The venture will combine research, innovation, and development expertise from various Centrica brands, including British Gas and Hive, … Read the full press release

EMPA Introduces Innovative Dark-Field X-Ray Imaging to Revolutionize Kidney Stone Diagnosis

(IN BRIEF) EMPA researchers are developing a new diagnostic procedure using dark-field X-ray imaging to determine the structure and composition of kidney stones, potentially reducing the need for invasive surgeries. Supported by the Maiores Foundation, this technology aims to provide … Read the full press release

Loughborough Tennis Prodigy Henry Searle Granted Wildcard Entry for Wimbledon Singles Main Draw

(IN BRIEF) Henry Searle, an 18-year-old talent from Loughborough University National Tennis Academy (LUNTA), has been granted a wildcard entry to compete in the singles main draw at Wimbledon this summer. The tournament runs from July 1 to July 14. … Read the full press release

Stockholm Exergi’s NIB-Backed BECCS Project Advances Sustainability Goals

(IN BRIEF) Stockholm Exergi Holding AB, a major energy provider in Stockholm, plans to implement a Bio-energy with Carbon Capture and Storage (BECCS) project at its Värtaverket energy plant. This initiative aims to capture and store 800,000 tonnes of biogenic … Read the full press release

CapMan Residential Fund Expands Nordic Footprint with Ursvik Investment

(IN BRIEF) CapMan Residential Fund has expanded its portfolio with a new investment in Ursvik, Sundbyberg, acquiring a forward funding project comprising 289 rental apartments and amenities like an underground parking garage with EV chargers. This strategic move, managed by … Read the full press release

CapMan Real Estate Partners with Nobis to Transform Solna Kasernen 1 into Premier Stockholm Destination

(IN BRIEF) CapMan Real Estate has finalized a 20-year lease agreement with Nobis Hospitality Group to develop the Solna Kasernen 1 property in Stockholm’s Royal Haga project into a luxurious hotel, spa, and conference facility. Located in Hagaparken, the site … Read the full press release

BBVA Sells €270 Million Non-Performing Loan Portfolio in Spain to AXACTOR

(IN BRIEF) BBVA has completed the sale of the ‘Estoril Project,’ a portfolio of unsecured non-performing loans totaling €270 million, to AXACTOR. This transaction is part of BBVA’s strategy to optimize its balance sheet and improve its non-performing loan ratio … Read the full press release