Monthly Archives: November 2024

RWE’s Sofia Offshore Wind Farm Delivers £760M Economic Boost and Community Impact

(IN BRIEF) RWE’s Sofia Offshore Wind Farm, located on Dogger Bank off England’s northeast coast, is set to deliver £760 million in economic value during its development and construction phases, including significant contributions to Yorkshire, Humber, and the North East. … Read the full press release

Landsvirkjun and ENERCON Partner to Build Iceland’s First Large Wind Farm

(IN BRIEF) Landsvirkjun, Iceland’s state-owned energy provider, has partnered with ENERCON to construct the country’s first large-scale wind farm. The project will feature 28 E-138 EP3 turbines, generating 120 MW of capacity across 17 square kilometers in Búrfell, south of … Read the full press release

QIAGEN Expands QIAstat-Dx Operations with New Innovation Hub in Barcelona

(IN BRIEF) QIAGEN is investing in a new innovation hub in Esplugues de Llobregat, Barcelona, to enhance its QIAstat-Dx syndromic testing platform. Opening in 2026, the 8,000-square-meter site will house operations across research, manufacturing, and regulatory functions, focusing on advancing … Read the full press release

Alstom Celebrates the Launch of Riyadh Metro, Advancing Saudi Arabia’s Vision 2030

(IN BRIEF) Alstom has celebrated the launch of the Riyadh Metro, a major project supporting Saudi Arabia’s Vision 2030. Spanning 176 kilometers with six lines, 85 stations, and seven depots, the metro aims to transform urban mobility by reducing traffic … Read the full press release

Exolum Introduces H2ROAD to Lead Hydrogen Logistics and Drive Global Decarbonisation

(IN BRIEF) Exolum has launched H2ROAD, a new business line dedicated to providing integrated hydrogen logistics solutions across the entire value chain, from production to delivery. The initiative includes developing infrastructure for hydrogen compression, storage, transport, and supply, tailored to … Read the full press release

EIB Supports University of Latvia with €25 Million Loan for Green Campus Development

(IN BRIEF) The European Investment Bank (EIB) has provided a €25 million loan to the University of Latvia to support the third phase of its campus development in Riga. This phase includes constructing the “House of Health,” featuring research and … Read the full press release

EIB Partners with Caixa Geral de Depósitos to Boost Strategic Investments in Portugal

(IN BRIEF) The European Investment Bank (EIB) has provided a €150 million guarantee to Caixa Geral de Depósitos (CGD) to enhance financing for mid-cap companies and public entities in Portugal, aiming to generate up to €420 million in new investments. … Read the full press release

EIB and InvestEU Back Nortegas with €80 Million to Boost Biomethane and Green Energy in Spain

(IN BRIEF) The European Investment Bank (EIB), with support from the InvestEU programme, has provided €80 million in financing to Nortegas Group for the development of biomethane plants and a digital operations centre in Spain. These projects aim to produce … Read the full press release

EU and EIB Launch €160 Million Green Investment Initiative to Boost Serbian SMEs and Jobs

(IN BRIEF) The European Union, in partnership with EIB Global, Banca Intesa, and Intesa Leasing, has unveiled a €160 million financial package to support Serbian small and medium-sized enterprises (SMEs) and mid-sized companies. This initiative will fund green projects, renewable … Read the full press release

Zeewolde Wind Farm Partners with Rabobank and Eneco to Deliver Community-Owned Battery Park

(IN BRIEF) Zeewolde wind farm has partnered with Rabobank and Eneco to advance the construction of a large-scale battery park with a 65 MWh capacity, set to be among the largest in the Netherlands. Rabobank will fund the project through … Read the full press release

Zumtobel’s IZURA Luminaire Wins German Sustainability Award for Circular Design Innovation

(IN BRIEF) Zumtobel’s IZURA pendant luminaire has won the German Sustainability Award 2025 in the Product + Resources category for its innovative circular design, resource-efficient production, and use of recycled materials. Featuring a modular structure and digital product passport, the … Read the full press release

Skanska Invests SEK 530 Million in Eco-Friendly Mandelblomman Residential Project in Täby Park

(IN BRIEF) Skanska is investing SEK 530 million in Mandelblomman, a sustainable residential project in Täby Park near Stockholm. The development includes 156 apartments, a rooftop terrace, a green courtyard, and 75 parking spaces. Sustainability features include solar panels covering … Read the full press release

European Investment Fund Backs Sistafund with €30 Million Investment to Champion Gender Diversity in Venture Capital

(IN BRIEF) The European Investment Fund (EIF) has committed €30 million to Sistafund, a venture capital initiative championing gender diversity in European startups. Targeting a total of €100 million, Sistafund invests in early-stage companies where women hold at least 30% … Read the full press release

Thales Australia Partners with Disaster Relief Australia to Support Community Recovery Efforts

(IN BRIEF) Thales Australia has partnered with Disaster Relief Australia (DRA), a veteran-led not-for-profit organization, to support disaster recovery efforts across the country. As part of the initiative, Thales’ 4,300 employees are eligible for two weeks of paid volunteer leave … Read the full press release

Thales Introduces AI-Enhanced Talios Pod for Faster Target Detection on Rafale Jets

(IN BRIEF) Thales has introduced an advanced AI-powered upgrade to its Talios laser designation pod, set to enhance the Rafale fighter jet’s capabilities by enabling faster and more efficient detection of objects of interest during missions. Leveraging deep learning algorithms, … Read the full press release

The Fulton Collective Launches “Heartland” Single to Support Samaritans Ireland This Christmas

(IN BRIEF) The Fulton Collective, a group of musicians including Nigel Rabbitte, Danny Price, and John Flattery, has partnered with Samaritans Ireland to release a new single, “Heartland,” this Christmas. Supported by ARO Logistics Ireland, all proceeds from the song’s … Read the full press release

Achmea and Lifetri Merge Pension and Life Portfolios to Form Leading Dutch Insurance Provider

(IN BRIEF) Achmea and Lifetri are merging their pension and life insurance portfolios to form Achmea Pension & Life Insurance N.V., creating one of the Netherlands’ top three providers in the sector, serving over 2.1 million customers. Sixth Street, Lifetri’s … Read the full press release

SIX Names Bjørn Sibbern as CEO, Succeeding Jos Dijsselhof in 2025

(IN BRIEF) SIX has appointed Bjørn Sibbern as its new CEO, effective January 1, 2025, succeeding Jos Dijsselhof, who is stepping down after seven years to pursue a new opportunity in the Middle East. Sibbern, currently Global Head Exchanges at … Read the full press release

Sener’s Integral Role in the Landmark Riyadh Metro Project

(IN BRIEF) Sener played a pivotal role in the development of the Riyadh Metro, a landmark project spanning 176 kilometers with six automated lines and 85 stations, officially inaugurated on November 27, 2024, by King Salman bin Abdulaziz Al Saud. … Read the full press release

Heidelberg Materials Acquires Giant Cement to Boost U.S. Footprint and Sustainability Efforts

(IN BRIEF) Heidelberg Materials North America is acquiring Giant Cement Holding Inc. (GCHI) and its subsidiaries for $600 million to expand its presence in the Southeastern U.S. and New England. The deal includes a cement plant in South Carolina, multiple … Read the full press release