Daily Archives: 10, June 2025

KfW IPEX-Bank Supports 350 MW Wind Project in Québec’s Forested Region with EUR 140 Million Financing

(IN BRIEF) KfW IPEX-Bank is contributing EUR 140 million as co-lead arranger in a major financing package for a 350 MW wind farm in Québec, Canada, alongside several Canadian banks. The Pohénégamook-Picard-Saint-Antonin-Wolastokuk 1 (PPAW1) Energy Centre, featuring 56 Vestas turbines, … Read the full press release

MOL and SOCAR Expand Partnership with New Onshore Oil Exploration Project in Shamakhi-Gobustan

(IN BRIEF) MOL Group and SOCAR have signed key terms for an exploration, development, and production sharing agreement covering Azerbaijan’s Shamakhi-Gobustan regions, reinforcing their strategic energy partnership. MOL is expected to act as operator with a 65% share, while SOCAR … Read the full press release

SSAB and Danieli Finalize Technology Deal for Low-Carbon Mini-Mill in Luleå

(IN BRIEF) SSAB has finalized a contract with Danieli to deliver a fully automated production solution for its planned 2.5 Mt/year mini-mill in Luleå, Sweden. The facility will feature two electric arc furnaces, advanced refining and vacuum degassing systems, and … Read the full press release

OMV Sets December Start for Seismic Campaign to Unlock Deep Geothermal Energy in Graz

(IN BRIEF) OMV will begin a seismic survey in the greater Graz area starting December 2025 to explore the deep geothermal potential of the East Styrian basin. Spanning approximately 900 kilometers and using environmentally friendly vibration methods, the campaign will … Read the full press release

Neste’s Renewable Diesel Enables Helsinki Airport to Achieve Net-Zero Emissions Certification

(IN BRIEF) Neste’s renewable diesel has played a pivotal role in helping Finavia’s Helsinki Airport become the fifth facility in Finland to achieve net-zero emissions in its operations, under the Airport Carbon Accreditation (ACA) program. With 90% average greenhouse gas … Read the full press release

MAPFRE Surpasses Carbon Reduction Goals and Scales Up Global Offsets to Combat Climate Change

(IN BRIEF) MAPFRE has made significant strides toward its climate goals, cutting its operational carbon footprint by 25% in 2024—far exceeding its annual reduction target. Through a wide array of global offset projects, the company neutralized 80% of its footprint … Read the full press release

CAF and Gamuda Berhad Partner to Deliver State-of-the-Art Trams for New Taipei’s Light Rail Expansion

(IN BRIEF) CAF has signed a framework agreement with Malaysian construction firm Gamuda Berhad to deliver up to 23 Urbos trams for Taiwan’s New Taipei City. The contract, potentially worth €200 million, includes trams for the Xidong and Keelung lines, … Read the full press release

National Grid to Trial Low-Carbon 3D-Printed Concrete Foundations with Hyperion and University of Sheffield

(IN BRIEF) National Grid has joined forces with Hyperion Robotics and the University of Sheffield to test low-carbon 3D-printed concrete foundations in a UK-first trial. The project, backed by Ofgem’s Network Innovation Allowance, will see the foundations installed at the … Read the full press release

EQT Leads Investment in Mosanna to Advance Nasal Spray Therapy for Sleep Apnea Patients

(IN BRIEF) EQT Life Sciences has led a Series A investment in Mosanna Therapeutics to advance its lead drug candidate, MOS118—a nasal spray designed to treat obstructive sleep apnea—into Phase 2 trials. Co-investors include Pivotal bioVenture Partners, Forbion, Norwest, and … Read the full press release

Egis Reshapes MESA Leadership to Drive Regional Growth and Operational Expansion

(IN BRIEF) Egis has appointed Gurminder Sagoo as Chief Commercial Officer for the MESA region and transitioned Markos Apostolides into the role of Regional Director for Consulting & Operations. These leadership changes are designed to accelerate Egis’ growth across the … Read the full press release

Viaplay Select Launches in the Czech Republic with prima+ Through Long-Term Deal with Prima Group

(IN BRIEF) Prima Group and Viaplay Group have formed an exclusive long-term partnership to bring Viaplay Select to the Czech Republic via the prima+ streaming service starting July 1. With over 200 hours of critically acclaimed Nordic and European content … Read the full press release

Wolters Kluwer Enhances Sentri7 Drug Diversion and Pharmacy Tools to Drive Safer, Patient-Centered Medication Management

(IN BRIEF) Wolters Kluwer Health has announced comprehensive updates to its Sentri7 Drug Diversion and Sentri7 Pharmacy solutions, enhancing medication safety and compliance workflows for healthcare teams. The upgraded tools feature more intuitive user interfaces, improved risk scoring, enhanced documentation, … Read the full press release

New Barclays Innovation Hub in London Set to Power 150 Startups with Support from Microsoft, NVIDIA, and Industry Leaders

(IN BRIEF) Barclays has launched a new Innovation Hub in Shoreditch, London, in partnership with Microsoft, NVIDIA, and other key industry players to boost the UK’s tech ecosystem. The hub, powered by Barclays Eagle Labs, will house 150 startups working … Read the full press release

LSEG Partners with Brazil’s A5X to Launch Advanced Derivatives and Futures Platform by 2026

(IN BRIEF) LSEG has signed a strategic agreement to deliver its advanced trading and post-trading technology to A5X, Brazil’s upcoming derivatives and futures exchange. Tailored for Brazil’s regulatory and market requirements, the partnership includes integrated solutions for pre-trade risk, ultra-low … Read the full press release

BAE Systems, Inc. Promotes Longtime Executive Tara Olivet to Top Finance Role

(IN BRIEF) BAE Systems, Inc. has appointed Tara Olivet as its new senior vice president of Finance, effective June 7. With a career spanning 20 years at BAE Systems, Olivet brings extensive leadership experience to her new role overseeing U.S. … Read the full press release

EBRD and ProCredit Bank Bulgaria Sign €14 Million InvestEU Deal to Expand Green Loans in Bulgaria and Greece

(IN BRIEF) The EBRD has signed a €14 million portfolio guarantee agreement with ProCredit Bank Bulgaria under the EU’s InvestEU programme, enabling the bank to offer more green loans to businesses in Bulgaria and Greece. This risk-sharing facility will support … Read the full press release

Public Development Banks Unveil €3 Billion Clean Oceans Initiative 2.0 to Tackle Marine Plastic Crisis Through 2030

(IN BRIEF) At the UN Ocean Conference in Nice, six public development banks including EIB, AFD, and KfW, joined by new partner ADB, launched Clean Oceans Initiative 2.0 — a renewed €3 billion pledge running from 2026 to 2030 to … Read the full press release