Daily Archives: 15, November 2024

Almost 1 in 4 Planes Sold in 2045 to be Battery Electric, Finds IDTechEx Sustainable Aviation Market Report

(IN BRIEF) A report by IDTechEx forecasts that nearly 25% of planes sold in 2045 will be battery-electric, despite challenges like battery weight, limited range, ownership costs, and variable carbon reduction depending on energy grid sources. Current batteries are 40 … Read the full press release

Amundi Acquires German Fintech aixigo to Strengthen Digital Solutions for Wealth Management

(IN BRIEF) Amundi has acquired German fintech company aixigo for €149 million, integrating its modular, API-driven technology platform into Amundi Technology. This acquisition expands Amundi’s digital services for banks and wealth managers, aiming to enhance operational efficiency and personalized financial … Read the full press release

EIB Global Partners with Azerbaijan to Modernize Baku’s Metro and Boost Sustainable Urban Transport

(IN BRIEF) EIB Global and Azerbaijan have signed a Memorandum of Understanding (MoU) to support the modernization and expansion of Baku’s metro system, aiming to improve urban mobility and reduce emissions. With technical assistance from EIB Global, Azerbaijan’s Ministry of … Read the full press release

New EIBG and Solar Impulse Initiative Helps European SMEs Boost Energy Efficiency and Cut Costs

(IN BRIEF) The European Investment Bank Group (EIBG), European Commission, and Solar Impulse Foundation have partnered to launch an initiative supporting small and medium-sized enterprises (SMEs) in Europe with energy efficiency investments. By facilitating access to clean technologies through innovative … Read the full press release

EIB Group Backs Europe’s First Solar ABS with €100M Investment, Expanding Access to Affordable Clean Energy

(IN BRIEF) The European Investment Bank (EIB) Group has invested €100 million in Europe’s first public solar asset-backed securitisation (ABS) led by German green tech company Enpal. This groundbreaking transaction, valued at €240 million, enables Enpal to refinance residential solar … Read the full press release

EIB Supports De Watergroep’s €350M Initiative to Modernize and Expand Flanders’ Drinking Water Network

(IN BRIEF) Flemish water utility De Watergroep has secured a €350 million loan from the European Investment Bank (EIB) to modernize Flanders’ drinking water infrastructure. The funding supports a comprehensive 2023-2038 plan aimed at reducing water leakage, expanding the network … Read the full press release

JASPERS Expands Advisory Reach to Ukraine and Moldova, Secures Support for European Development Projects Through 2027

(IN BRIEF) JASPERS, a collaborative advisory initiative by the European Investment Bank and the European Commission, held its annual meeting in Brussels, marking nearly two decades of supporting regional development projects across Europe and beyond. Since 2005, JASPERS has facilitated … Read the full press release