(IN BRIEF) DNV has secured a contract from Ørsted and PGE to certify the Baltica 2 offshore wind farm located in the Polish part of the Baltic Sea. This project plays a crucial role in Poland’s transition to green energy, … Read the full press release
(IN BRIEF) The European Investment Fund (EIF), a part of the EIB Group, has joined forces with CDP Real Asset SGR, a subsidiary of Cassa Depositi e Prestiti, to allocate €300 million towards social housing programs in Italy. This groundbreaking … Read the full press release
Posted in Banks, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Real Estate
Tagged Cassa Depositi e Prestiti, CDP RA, CDP Real Asset SGR, Dario Scannapieco, European Investment Fund, Fondo Nazionale dell’Abitare Sociale (FNAS), Gelsomina Vigliotti, Giancarlo Scotti, Italy, partnership, social housing, sustainability
(IN BRIEF) The European Investment Bank (EIB) has signed a €250 million loan agreement with 2TDK Družba za razvoj projekta d.o.o (2TDK) to support the construction of a second rail track in Slovenia, a vital component of the Baltic-Adriatic-Mediterranean Trans-European … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Slovenia, Transportation & Logistics
Tagged 2TDK, Alenka Bratušek, EIB, Kyriacos Kakouris, Marko Brezigar, Matej Oset, partnership, rail track, Slovenia, sustainability, TEN-T, Transport Network
(IN BRIEF) Saint-Gobain has announced its acquisition of Menkol Industries Private Limited, a prominent Indian manufacturer specializing in high-value waterproofing systems. This strategic move enhances Saint-Gobain’s position in the Construction Chemicals sector, focusing on specialty building materials within the dynamic … Read the full press release
(IN BRIEF) New research conducted by British Gas has unveiled confusion among British homeowners when it comes to addressing energy efficiency in their homes, especially as colder months approach. Only 42% of Brits believe their homes are energy efficient, and … Read the full press release
(IN BRIEF) The North Cumbria Integrated Care NHS Foundation Trust, GRAHAM, and CCL Solutions have been honored with the ICW Collaborative Working Award for their successful collaboration in delivering critical healthcare construction projects. This partnership, which implemented ISO44001 collaborative practices, … Read the full press release
Posted in Awards, Business, Construction, Environment, Financial, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Award, CCL Solutions, GRAHAM, Healthcare Projects, Keith Hayes, North Cumbria NHS Trust, partnership, Stephen Prince, sustainability
(IN BRIEF) Crestyl Group has selected AFRY as the general designer for the Savarin Palace complex, a prominent urban development endeavor in the heart of Prague, Czech Republic. This project involves the revitalization of a historical area and has been … Read the full press release
Posted in Art & Culture, Business, Construction, Czech Republic, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged AFRY, Crestyl Group, Ivo Šimek, partnership, Prague, Redevelopment Project, Savarin Palace, Simon Johnson, sustainability, Thomas Heatherwick
(IN BRIEF) In a significant move towards promoting sustainable mobility, the European Investment Bank (EIB) has committed €500 million to Ferrovie dello Stato Italiane S.p.A. (FS) to enhance rail services in Italy’s Campania and Lazio regions. This partnership aims to … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Transportation & Logistics
Tagged EIB, Ferrovie dello Stato Italiane S.p.A. (FS), Gelsomina Vigliotti, investment, Italy, Marco Fossataro, partnership, rail travel, sustainability
(IN BRIEF) ANDRITZ has successfully initiated operations for a new textile recycling line at Sfilacciatura Negro’s facility in Biella, Italy. This state-of-the-art tearing line is designed to process post-consumer textile waste while automatically removing hard parts. Sfilacciatura Negro, with a … Read the full press release
(IN BRIEF) Lightsource bp and the UK’s Renewable Energy Association (REA) convened a high-level roundtable discussion during COP28, focusing on the role of solar power in facilitating an energy transition that prioritizes both people and nature. With 117 nations aiming … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, United Kingdom
Tagged Adam Pegg, Alyssa Edwards, Chris Skidmore MP, COP28, Dr Veronica Bermudez Benito, energy transition, Francis Mann, Kristen Panerali, Lightsource BP, Mate Heisz, Michelle Lezama, Nature-Friendly, partnership, Renewable Energy Association (REA), solar power, sustainability, Thanos Zarogiannis
(IN BRIEF) NatWest and Boston Consulting Group (BCG) have released a report emphasizing the substantial financial investment needed to achieve a net-zero energy supply in the UK by 2050, estimating the capital expenditure requirement at over £900 billion. This investment … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Andy Gray, Boston Consulting Group (BCG), energy supply, Eriola Beetz, investment, NatWest, net zero, partnership, sustainability, UK
(IN BRIEF) Deutsche Telekom, Qualcomm Technologies, Inc., and cetecom advanced are leading the charge in modernizing the mobile network infrastructure for automatic emergency call systems in vehicles. While eCall systems have been mandatory in new vehicle models since April 2018, … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Infrastructure & Utilities, Management, News, Technology, Telecom
Tagged cetecom, Deutsche Telekom, emergency call system, mobile network, partnership, Qualcomm, vehicles
(IN BRIEF) The Arcadis Ost 1 wind farm, situated off the coast of Rügen in Mecklenburg-Western Pomerania, Germany, has commenced full capacity operation, contributing 250 megawatts (MW) of renewable energy to the German electricity transmission system. The wind farm operator, … Read the full press release
(IN BRIEF) EDF Group’s subsidiary, EDF Production Energie Insulaire (PEI), has converted its bioenergy power plant at Port-Est in Reunion Island to operate on liquid biomass made from rapeseed oil, making it fully renewable and contributing to the region’s aim … Read the full press release
(IN BRIEF) Symbio, a joint venture between Forvia, Michelin, and Stellantis, has inaugurated its first gigafactory called SymphonHy in Saint-Fons, France. This gigafactory is Europe’s largest integrated site producing hydrogen fuel cells and is part of the HyMotive project, a … Read the full press release
Posted in Automotive, Business, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Carlos Tavares, Europe, Florent Menegaux, Forvia, Hydrogen Fuel Cell Gigafactory, hydrogen mobility, Michelin, partnership, Patrick Koller, Philippe ROSIER, Saint-Fons, Stellantis, sustainability, Symbio, SymphonHy
(IN BRIEF) Vattenfall and BASF have signed a Memorandum of Understanding to collaborate on the Nordlicht 1 and 2 offshore wind farm projects in the German North Sea. BASF is set to acquire a 49% stake in these projects, which … Read the full press release
(IN BRIEF) The Ministry of Defence and Eni, an Italian energy company, have signed a Memorandum of Understanding (MoU) in Rome to enhance their strategic collaboration on security and risk assessment. The agreement involves sharing expertise and information to bolster … Read the full press release
(IN BRIEF) TotalEnergies has signed an Agreement on Investment (AoI) for its Mirny project during COP28 in Dubai. This project, the largest wind energy initiative ever undertaken in Kazakhstan, will provide low-carbon electricity to over 1 million people and reduce … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced the inclusion of climate resilient debt clauses (CRDC) in new loan agreements with sovereign, sovereign-guaranteed, and municipal clients from lower-middle-income countries where it operates. These CRDCs will allow … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has announced an additional EUR 100 million investment for the Aqaba Amman Desalination and Water Conveyance project in Jordan. This project aims to desalinate water from the Red Sea and transport it to … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Aqaba Amman Desalination and Water Conveyance Project, European Investment Bank, Gelsomina Vigliotti, H.E. Ayman Safadi, H.E. Zeina Toukan, JORDAN, Olivér Várhelyi, partnership, Pierre-Christophe Chatzisavas, sustainability, Zeina Toukan
(IN BRIEF) The European Investment Bank (EIB) and Ørsted have inked a €400 million framework loan agreement to support the expansion of wind energy production, in alignment with the RePowerEU initiative’s objectives. This marks their fifteenth joint project, reflecting Ørsted’s … Read the full press release
Posted in Banks, Business, Denmark, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Denmark, EIB, Europe, Kasper Kiim Jensen, partnership, renewable energy, sustainability, Thomas Östros, Ørsted
(IN BRIEF) Molgas, a prominent player in downstream LNG and Renewable Gas supply and distribution in Western Europe, has announced key leadership changes. Fernando Sarasola, who has served as CEO since 2008, will transition to the role of Executive Chairman … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged appointment, Athanasios Zoulovits, Blue Grid, CEO, Esperanza Sanchez, Executive Chairman, Fernando Sarasola, InfraVia, Javier Romeo Montes, Juan Menchero, leadership, Molgas, Sofoklis Papanikolaou
(IN BRIEF) Barry Callebaut, a prominent chocolate manufacturer, has celebrated the one-year anniversary of its chocolate and compound factory in Casablanca, Morocco. The factory, established in partnership with Attelli SARL, has become a hub for manufacturing excellence and innovation in … Read the full press release
Posted in Business, Economy, Food & Beverage, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged Amine Mebrouki, Attelli SARL, Barry Callebaut, Casablanca, Chocolate Manufacturing, Maximilian Auer, MOROCCO, Sweet Success, Van Houten Professional (VHP)
(IN BRIEF) Ørsted has commenced construction on two carbon capture facilities at the Asnæs Power Station and Avedøre Power Station in Denmark, marking the country’s inaugural full-scale carbon capture endeavor. This project, backed by a 20-year contract from the Danish … Read the full press release
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Asnæs Power Station, Avedøre Power Station, Carbon Capture Project, Denmark, Lars Aagaard, Mads Nipper, Martin Damm, Ole Thomsen, partnership, sustainability, Søren Friis Trebbien, Ørsted
(IN BRIEF) On November 30, 2023, KPN finalized its acquisition of Kabeltex, a company owning fiber networks and functioning as an internet service provider in Texel and the northern region of North Holland. Kabeltex boasts full fiber coverage on Texel … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology, Telecom
Tagged acquisition, fiber network, Kabeltex, KPN, North Holland, partnership, sustainability, Texel
(IN BRIEF) In a significant move during COP28, Vestas and DTEK have signed a Memorandum of Understanding (MOU) to advance the second phase of the Tyligulska wind project in southern Ukraine. This MOU outlines their intention to develop an additional … Read the full press release
(IN BRIEF) International technology group ANDRITZ has successfully initiated operations at a cutting-edge fiberline and lime kiln plant located within Nanning Sun Paper’s pulp and paper mill in Guangxi Province, China. This achievement marks a significant milestone for the project, … Read the full press release
(IN BRIEF) Vestas, a leading wind turbine manufacturer, has received a repowering order from Eurus Energy Holdings Corporation for the Eurus Kamaishi Wind Farm in Japan’s Iwate prefecture. The 46 MW order includes the supply and installation supervision of 11 … Read the full press release
(IN BRIEF) Dutch grid manager TenneT has collected 47 responses from stakeholders regarding its draft investment plans for the period 2024-2033, which were made public on November 1. These investment plans outline the expansion and replacement projects for both onshore … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, Netherlands
Tagged ACM, electricity, gas networks, l grid managers, offshore grid, Tennet
(IN BRIEF) RWE has entered into an agreement with Masdar, a clean energy leader, to collaborate on the UK Dogger Bank South (DBS) offshore wind development projects. Masdar will acquire a 49% stake in the projects, while RWE will retain … Read the full press release
(IN BRIEF) Logicor, a prominent European logistics real estate owner, manager, and developer, has achieved a significant construction milestone in the redevelopment of its flagship UK scheme, Logicor Park Daventry. Acquired in 2021, the site is being transformed into three … Read the full press release
(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) RWE’s Swedish offshore wind farm, Kårehamn, located in the Baltic Sea near the Island of Öland, has marked a decade of successful operation since its commissioning in October 2013. This offshore wind facility consists of 16 turbines, each … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Sweden
Tagged 10 Years, Green Energy, Kårehamn, Matilda Machacek, offshore wind farm, RWE, sustainability
(IN BRIEF) At COP28, Ørsted announced that its FlagshipONE project, Europe’s largest e-methanol plant, has received support from the EU-Catalyst Partnership, including the European Commission, Breakthrough Energy Catalyst, and the European Investment Bank. This partnership will aid in advancing carbon-neutral … Read the full press release
Posted in Denmark, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Transportation & Logistics
Tagged Breakthrough Energy Catalyst, carbon-neutral shipping, COP28, decarbonisation of shipping, e-methanol plant, EU-Catalyst Partnership, European Commission, European Investment Bank, FlagshipONE, Global shipping, Mads Nipper, Övik Energi, Rodi Guidero, Werner Hoyer, Ørsted
(IN BRIEF) VINCI, in partnership with AgroParisTech, Mines Paris-PSL, and École des Ponts ParisTech, has renewed its commitment to environmental research with a budget of €6 million until 2028. The collaboration aims to address key environmental challenges, including energy efficiency … Read the full press release
Posted in Construction, Energy, Gas & Oil, Environment, France, Industrial, Infrastructure & Utilities, Management, Science, Technology
Tagged AgroParisTech, artificial intelligence, biodiversity, École des Ponts ParisTech, energy efficiency of buildings, Equo Vivo, Mines Paris-PSL, Revilo®, sustainable mobility, VINCI
(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) Iberdrola and bp pulse have officially launched their joint venture, aiming to create an extensive high-speed electric vehicle (EV) charging network in Iberia. The venture plans to invest €1 billion and deploy 5,000 charging points in Spain and … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Portugal, Spain, United Kingdom
Tagged bp pulse, DiDi, electric vehicles, Energy Infrastructure Partners, European Commission, EV charging, GIC, Hertz, high speed public charging, high-speed charging infrastructure, Iberdrola, Iberia, joint venture, MAPFRE, Marks & Spencer, Masdar, Norges Bank Investment Management, PORTUGAL, public charging points, REWE, Spain, Tesla, Uber, ultra-fast public charging network
(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) 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) bp is acquiring the remaining 50.03% stake in Lightsource bp, a leading utility-scale solar and battery storage developer and operator. This strategic move aims to enhance Lightsource bp’s growth and leverage bp’s complementary capabilities in finance and trading. … Read the full press release
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