(IN BRIEF) Shell Petroleum Company Limited, through its subsidiary Impello Limited, has successfully finalized the sale of its home energy businesses, Shell Energy Retail Limited (SERL) in the UK and Shell Energy Retail GmbH (SERG) in Germany, to Octopus Energy … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is supporting green lending and trade expansion in Uzbekistan by providing a financial facility of up to $45 million (€42.5 million) to Ipak Yuli Bank, a major private lender in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged EBRD, Financial Facility, Green Lending and Trade, Ipak Yuli Bank, partnership, sustainability, Uzbekistan
(IN BRIEF) A coalition of development finance institutions and multilateral organizations forming the Global Green Bond Initiative (GGBI) has established a strategic partnership with the African Development Bank to collaborate on technical assistance aimed at promoting green bond markets in … Read the full press release
(IN BRIEF) At COP28 in Dubai, Commission President Ursula von der Leyen, Bill Gates, Founder of Breakthrough Energy, and European Investment Bank President Werner Hoyer revealed the first two European projects selected for support through the EU-Catalyst partnership: Ørsted’s FlagshipONE … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged Bill Gates, EIB, Energy Dome’s Ottana CO2 Battery, EU-Catalyst, Green Tech Projects, investment, partnership, sustainability, Ursula von der Leyen, Werner Hoyer, Ørsted’s FlagshipONE
(IN BRIEF) The European Investment Bank (EIB) and Hrvatska banka za obnovu i razvitak (HBOR) have signed an agreement to allocate €500 million to support Croatian small and medium-sized enterprises (SMEs), mid-cap companies, and public-sector entities. The initial tranche of … Read the full press release
Posted in Banks, Business, Croatia, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged CROATIA, EIB, Green Projects, HBOR, Hrvoje Čuvalo, partnership, SMEs, sustainability, Teresa Czerwinska
(IN BRIEF) The European Investment Bank (EIB) Group has introduced the EU4Business Guarantee Facility, in collaboration with the European Investment Fund, aimed at supporting small and medium-sized businesses (SMEs) in Eastern Partnership countries, including Armenia. This initiative provides partial portfolio … Read the full press release
(IN BRIEF) TotalEnergies has revealed its strategy to divest non-core assets by signing an agreement to sell its 36.36% minority stake in the National Petroleum Refiners of South Africa (Natref) to the Prax Group. The Natref refinery, situated in Sasolburg, … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, France, Government, Industrial, Investment, Management, News
Tagged divest, Jean-Pierre Sbraire, Minority Stake, Natref Refinery, partnership, Prax Group, South Africa, sustainability, TotalEnergies
(IN BRIEF) Skanska, a leading construction company, has announced a new contract agreement with North Carolina State University for the construction of a cutting-edge integrative sciences building in Raleigh, North Carolina, USA. This project, valued at USD 106 million (approximately … Read the full press release
(IN BRIEF) Yara Clean Ammonia, North Sea Container Line, and Yara International have collaborated to create the groundbreaking Yara Eyde, the world’s first container ship to be fueled by clean ammonia. This innovative vessel will embark on an emission-free sea … Read the full press release
Posted in Business, Chemicals, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, News, Norway, Transportation & Logistics
Tagged Bente Hetland, clean ammonia, container ship, Emission-Free Shipping, Germany, Magnus Krogh Ankarstrand, North Sea Container Line, Norway, partnership, sustainability, Svein Tore Holsether, Yara Clean Ammonia, Yara Eyde, Yara International
(IN BRIEF) Renewable energy company Vestas has recently received a substantial order for 45 V163-4.5 MW wind turbines, totaling 203 MW in capacity, for an undisclosed wind project in the United States. The order encompasses the supply, delivery, and commissioning … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged partnership, sustainability, US Wind Project, Vestas, wind turbine
(IN BRIEF) In a significant milestone, the NH90 Sea Tiger, destined for the German Navy’s shipborne operations, has completed its inaugural flight at Airbus Helicopters’ Donauwörth site in Germany. This achievement marks a crucial step forward as Airbus Helicopters proceeds … Read the full press release
(IN BRIEF) Irizar e-mobility, a Spanish electric vehicle manufacturer, has become the first company to incorporate recycled aluminium produced using green hydrogen into their products. Hydro Extrusions, their supplier, produced the recycled aluminium in Navarra, Spain, using green hydrogen, which … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Norway, Spain, Technology, Transportation & Logistics
Tagged Bruno D’hondt, e-mobility, electric buses, GREEN HYDROGEN, Guillermo-A. Fernández Caballero, Irizar, Norsk Hydro, partnership, recycled aluminium, Spain, sustainability
(IN BRIEF) Paris-based GTT has entered into a Technical Assistance and License Agreement (TALA) with COSCO Shipping (Qidong) Offshore, a subsidiary of China COSCO Shipping Corporation Limited. Under this agreement, COSCO Shipping (Qidong) Offshore gains the rights to construct GTT’s … Read the full press release
(IN BRIEF) EDF has taken significant steps in advancing its global nuclear ambitions, submitting a technical and commercial proposal for a new nuclear program in Slovenia using EPR technology, aiming to support the construction of two EPR1200 units or one … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Government, Industrial, Management, Media, News, Slovenia
Tagged Dejan Paravan, EDF, Gen Energija, Global Nuclear Ambitions, Luc Rémont, partnership, Slovenia, sustainability, World Nuclear Exhibition
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a $10 million loan to Acba Bank, a prominent Armenian bank, with support from the European Union (EU) and Sweden. This funding will specifically target women-led small and … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Small Business, Sweden, United Kingdom
Tagged Acba Bank, Armenia, EBRD, European Union (EU), finance, leadership, partnership, SMEs, sustainability, Sweden, women empowerment
(IN BRIEF) The power sector is undergoing a vital transformation to meet climate goals by shifting towards carbon-free electricity production. The European Bank for Reconstruction and Development (EBRD) is actively contributing to this transition through its Renewable Energy Programme, particularly … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Azerbaijan, Bulgaria, clean power, EBRD, fossil fuels, Fuels Transition, MOLDOVA, Montenegro, partnership, renewable energy, Romania, sustainability
(IN BRIEF) KORE Insulation has launched its low carbon EPS insulation, which has been selected for use in the Cloughan View housing development in Ballyclare, Northern Ireland, comprising 127 units and developed by the Braidwater Group. The high energy efficiency … Read the full press release
Posted in Business, Chemicals, Construction, Economy, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Real Estate
Tagged BASF, Braidwater Group, Brian Flax, Housing Development, KORE Insulation, Low Carbon EPS Insulation, Neopor, Northern Ireland, partnership, Phil Marsh, Rory Devlin, sustainability
(IN BRIEF) DHL is commencing the construction of a state-of-the-art, carbon-neutral European Innovation Center in Troisdorf, Germany, representing the company’s first venture into timber construction and a strong commitment to sustainability. Set to be completed in April 2025, the new … Read the full press release
Posted in Business, Construction, Economy, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Alexander Biber, carbon-neutral, DHL, Europe, Germany, Innovation Center, Katja Busch, partnership, sustainability, Sustainable Timber Construction, Troisdorf
(IN BRIEF) Equinor has reached an agreement to divest its Nigerian business, including its 53.85% ownership in oil and gas lease OML 128, which encompasses a 20.21% stake in the Agbami oil field operated by Chevron, to Nigerian-owned Chappal Energies. … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has pledged €65.9 million in sovereign loans and grant funding to improve the electricity and water supply systems in the Kyrgyz Republic, addressing critical infrastructure and climate resilience needs. The … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Akylbek Japarov, climate resilience, EBRD, infrastructure, Kyrgyz Republic, Odile Renaud-Basso, partnership, sustainability
(IN BRIEF) ARCH Cold Chain Solutions Fund has unveiled its flagship cold storage facility in Nairobi, Kenya, within the Tatu City Special Economic Zone. This state-of-the-art facility, the first of its kind in Africa, offers temperature-controlled storage and distribution for … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged ARCH Cold Chain Solutions, cold storage facility, Edward Claessen, EIB, food waste, Fredd Kambo, Kenya, partnership, Safety Standards, sustainability
(IN BRIEF) In a significant move, the European Investment Bank’s (EIB) global arm, EIB Global, and Banca Intesa Beograd have signed a €100 million credit line aimed at supporting small and medium enterprises (SMEs) and mid-caps in Serbia. This initiative … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Serbia, Small Business
Tagged Banca Intesa Beograd, Darko Popović, EIB, EIB Global, Emanuele Giaufret, green investments, Kyriacos Kakouris, partnership, SERBIA, SME, sustainability
(IN BRIEF) TotalEnergies, one of Europe’s largest energy companies, has invested £20 million to acquire a minority stake in Xlinks First Limited, a UK-based company that aims to develop a groundbreaking renewable energy project in Morocco. The project involves a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged investment, partnership, Renewable Project, Simon Morrish, sustainability, TotalEnergies, UK Homes, Vincent Stoquart, Xlinks
(IN BRIEF) Centrica and Mitsubishi Power Europe have joined forces to explore the development of Europe’s inaugural ammonia-fired power generation facility at Bord Gáis Energy’s Whitegate CCGT power station in Cork, Ireland. This groundbreaking project aims to leverage low carbon … Read the full press release
Posted in Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Technology, United Kingdom
Tagged Ammonia-Fired Power Plant, Centrica, Chris O’Shea, Europe, Ireland, Javier Cavada, Mitsubishi, partnership, sustainability
(IN BRIEF) Kuehne+Nagel, a global logistics company, has announced its acquisition of Farrow, a renowned Canadian customs broker, as part of its growth strategy outlined in Roadmap 2026. Farrow, based in Windsor, Ontario, Canada, boasts a 112-year heritage and employs … Read the full press release
(IN BRIEF) Serbian Railways Infrastructure JSC is embarking on a comprehensive program aimed at enhancing its corporate governance and operational efficiency, backed by the European Bank for Reconstruction and Development (EBRD) and donors. This initiative encompasses three technical assistance projects: … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Serbia, Transportation & Logistics, United Kingdom
Tagged Alessandro Bragonzi, Comprehensive Governance, EBRD, Matteo Colangeli, Nebojša Šurlan, partnership, Performance Improvement Program, Serbian Railways, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has finalized an investment agreement with M Plus Croatia, a subsidiary of Mplus Group, a Croatian business specializing in business-process outsourcing (BPO) services provided to companies in 57 countries. The … Read the full press release
Posted in Banks, Business, Croatia, Economy, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, United Kingdom
Tagged acquisition, BPO services, CROATIA, Darko Horvat, EBRD, international expansion, investment, M Plus Croatia, Mark Davis, partnership, sustainability
(IN BRIEF) Eni, an Italian multinational energy company, has entered into an agreement with Swiss firm Open Energy Platform AG (Open EP) to ensure the uninterrupted supply of gas to Switzerland and Italy, particularly in situations involving interruptions or significant … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and the Investitionsbank des Landes Brandenburg (ILB) marked nearly three decades of collaboration at the EIB’s Berlin office. Since 1995, they have joined forces to finance various regional projects in the German state … Read the full press release
(IN BRIEF) Rheinmetall, a major international tech enterprise, has been awarded a significant contract for electric coolant pumps by one of the world’s largest automakers. The contract, valued in the mid-two-digit million-euro range, strengthens Rheinmetall’s position in the emerging Euro … Read the full press release
(IN BRIEF) Judicial and law enforcement agencies from seven countries have joined forces to take action against a criminal network responsible for a series of damaging ransomware attacks worldwide. These attacks have affected over 1,800 victims in 71 countries, primarily … Read the full press release
Posted in Business, Defence, Government, Industrial, Internet & Online, Law, Management, Netherlands, News, Security & Safety, Technology
Tagged Cybercrime, cybercriminals, EUROPOL, France, Germany, Global Authorities, Judicial, law enforcement agencies, Netherlands, Norway, partnership, Ransomware Network, Switzerland, UKRAINE, USA, Widespread Attacks Eurojust
(IN BRIEF) Three leading companies in military training, BAE Systems, PLEXSYS, and Red 6, have announced a collaborative effort to revolutionize military training for future forces. They plan to integrate Red 6’s augmented reality headset technology and PLEXSYS’ immersive simulation … Read the full press release
Posted in Business, Defence, Government, Industrial, Management, News, Security & Safety, Technology, United Kingdom
Tagged augmented reality, BAE Systems, Kevin Fesler, military training, partnership, PLEXSYS, Red 6, Ron Wiegand, simulation technology, Sir Stuart Atha, sustainability, transformation
(IN BRIEF) The European Investment Bank (EIB) has approved a €450 million loan to Iveco Group, a global automotive leader, as part of a larger €500 million financing initiative. This funding aims to support the development of innovative technologies in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged EIB, electric mobility, Gilles Badot, INNOVATION, Italy, Iveco Group, Marco Liccardo, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Luminor Bank AS have inked a €115 million agreement to enhance lending to small and medium-sized enterprises (SMEs) and mid-cap companies in Estonia, Latvia, and Lithuania. The collaboration between the EIB and … Read the full press release
Posted in Banks, Business, Economy, Environment, Estonia, European Union, Financial, Government, Industrial, Investment, Latvia, Lithuania, Luxembourg, Management, News, Small Business
Tagged Baltic States, EIB, Estonia, financing, Latvia, Lithuania, Luminor Bank, Palle Nordahl, partnership, SME, sustainability, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) has provided a €34 million loan to the Ca’ Granda Fund, managed by Investire SGR, to support the construction of new social housing units in central Milan. Over 200 apartments in the Sarpi … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Real Estate
Tagged Cariplo Sergio Urbani, construction, Dario Valentino, EIB, Giancarlo Scotti, Gilles Badot, Marco Giachetti, Milan, partnership, Sarpi District, social housing, sustainability
(IN BRIEF) The European Investment Bank (EIB) President Werner Hoyer and Vice-President Teresa Czerwińska visited Kyiv to reaffirm the EIB’s commitment to Ukraine. During the visit, they inaugurated the EIB Regional Hub for Eastern Europe in Kyiv, strengthening support for … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine
Tagged Denys Shmyhal, EIB, Katarína Mathernová, Kyiv, recovery, Regional Hub, Teresa Czerwinska, UKRAINE, Volodymyr Zelenskyy, Werner Hoyer
(IN BRIEF) The European Investment Bank (EIB) has signed a SEK 1.3 billion (approximately €110 million) loan agreement with Billerud, a leading paper and packaging materials supplier based in Sweden. The loan will support the modernization and environmental upgrade of … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Sweden
Tagged Billerud, eco-friendly, EIB, Ivar Vatne, partnership, Pulp and Paper Mill Upgrades, sustainability, Sweden, Thomas Östros
(IN BRIEF) The REFORMERS research project, funded under the EU’s Horizon Europe program, has officially commenced its mission to develop and roll out “Renewable Energy Valleys” (REVs) across Europe. The project’s flagship, located in the Netherlands between Alkmaar and Heiloo, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Science, Switzerland, Technology
Tagged Empa, EU, Europe, Netherlands, partnership, Philipp Heer, REFORMERS Project, Renewable Energy Valley, sustainability
(IN BRIEF) Garanti BBVA has revealed its dedication to supporting renewable energy initiatives with a €36.1 million financing agreement for the Işıklar Wind Power Plant, facilitated through BBVA’s Turkish unit in partnership with Dost Enerji. The wind power project will … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Turkey
Tagged BBVA, Dost Enerji, Garanti BBVA, Işıklar Wind Power Plant, Mahmut Akten, partnership, Renewable Energy Expansion, sustainability, Turkey
(IN BRIEF) BBVA in Colombia has reported substantial growth in its sustainable lending activities between January and August 2023. The bank granted 3.8 billion pesos in sustainable loans, with $2.4 billion directed towards inclusive growth projects and $1.4 billion allocated … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Spain
Tagged BBVA, Climate Action, Colombia, partnership, sustainability, Sustainable Lending
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