(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
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged offshore wind farm, RWE, Sofia, Tom Glover, UK
(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
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Portugal
Tagged Caixa Geral de Depósitos, EIB, Francisco Cary, investments, Jean-Christophe Laloux, partnership, PORTUGAL, sustainability
(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
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Technology
Tagged biomethane, EIB, Felipe Requejo, Green Energy, InvestEU, Javier Contreras, Nadia Calviño, Nortegas, Paolo Gentiloni, partnership, Spain, sustainability
(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
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Serbia, Small Business, Technology
Tagged Banca Intesa, Darko Popović, EIB, Emanuele Giaufret, EU, Intesa Leasing, investment, JOBS, partnership, Robert de Groot, SERBIA, SMEs, sustainability
(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
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Society, Technology
Tagged Ambroise Fayolle, Clara Chappaz, European Investment Fund, France, gender diversity, gender equity, INNOVATION, investment, Isabelle Gallo, Marjut Falkstedt, partnership, Sistafund, society, sustainability, Tatiana Jama, venture capital
(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
Posted in Business, Economy, Financial, Government, Industrial, Insurance, Investment, Management, Netherlands, News
Tagged Achmea, acquisition, Bianca Tetteroo, life insurance, Lifetri, Michael Muscolino, partnership, pension, Rutger Zomer
(IN BRIEF) Garanti BBVA, in partnership with TÜRKONFED, has launched the New Horizons in Twin Transformation project to help SMEs in Türkiye adopt green and digital practices, enhancing their competitiveness and sustainability. The initiative includes workshops and panels across … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Spain, Technology, Turkey
Tagged BBVA, Garanti BBVA, Hakan Urhan, Onur Ünlü, partnership, Sibel Kaya, SMEs, sustainability, TÜRKONFED, Twin Transformation
(IN BRIEF) The European Investment Fund (EIF) and Banca Etica have signed a €164 million guarantee agreement, supported by InvestEU, to unlock over €200 million in investments across Italy and Spain. This initiative will provide more than 1,000 social enterprises, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Luxembourg, Management, News, Small Business, Spain
Tagged Anna Fasano, Banca Etica, EIF, Ethical Investments, Gelsomina Vigliotti, Italy, partnership, SMEs, Spain, sustainability
(IN BRIEF) The European Investment Bank (EIB) Group has deepened its ties with Malta by opening a new office in Valletta, enhancing collaboration with local businesses, government, and stakeholders. Announced by EIB Group President Nadia Calviño alongside Finance Minister Clyde … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Malta, Management, News, Small Business
Tagged Clyde Caruana, EIB Group, Ian Borg, investments, Lawrence Walsh, Malta Office, Nadia Calviño, partnership, Paul Zahra, Robert Abela, SMEs, sustainability
(IN BRIEF) The European Investment Bank Group (EIB Group), in partnership with Santander, has launched a €183 million initiative to boost energy efficiency investments in Portugal. The agreement includes €91.6 million in EIB Group support for Santander’s upper-mezzanine tranche, enabling … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Portugal, Small Business
Tagged Alessandro Tappi, Amílcar Lourenço, EIB Group, ENERGY, Jean-Christophe Laloux, partnership, PORTUGAL, Santander, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) and E-Distribuzione, part of the Enel Group, have signed the first €250 million installment of a €500 million sustainability-linked loan aimed at modernizing and strengthening Italy’s power grid. The agreement ties financing terms … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Technology
Tagged E-Distribuzione, EIB, Enel, energy transition, Gelsomina Vigliotti, Italy, partnership, Stefano De Angelis, sustainability
(IN BRIEF) The European Investment Fund (EIF) has committed €40 million to HAVN Capital II, a Norway-based private equity fund targeting €250 million to invest in companies advancing renewable energy, electrification, and energy efficiency in Northern and Western Europe. The … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Norway
Tagged EIF, Europe, HAVN Capital II, low carbon transition, Norway, partnership, sustainability, Thomas Östros, Tomas Hvamb
(IN BRIEF) Barclays is establishing a Private Bank booking centre in Singapore, reinforcing its commitment to Asia as a key wealth hub. The centre, set to launch by 2026, will allow ultra-high-net-worth (UHNW) clients and global family offices (GFOs) to … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged ASIA, Barclays, Evonne Tan, partnership, Private Bank Booking Centre, Sasha Wiggins, Singapore, sustainability
(IN BRIEF) German businesses increased climate-related investments to €85 billion in 2023, a 12.1% rise from 2022, driven primarily by large enterprises. While large firms invested €50 billion (a 19% inflation-adjusted growth), SME investments fell to €35 billion, down 10% … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Industrial, Investment, Management, News
(IN BRIEF) The European Investment Bank (EIB) has signed the first €150 million tranche of a €1 billion financing package to support the reconstruction of Ischia, which was heavily impacted by a 2017 earthquake and 2022 landslide. The funding will … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Technology
Tagged EIB, Gelsomina Vigliotti, Giovanni Legnini, Ischia, Italy, partnership, Public and Private Infrastructure 1, Rebuilding, sustainability
(IN BRIEF) Experian is warning consumers and businesses to protect personal information during the Christmas season, as identity fraud spikes amid increased spending. New data shows fraud rates in the last quarter of the year have risen by 21% over … Read the full press release
Posted in Business, Economy, Financial, Government, Industrial, Internet & Online, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged Christmas season, Experian, holidays, identity fraud, Paul Weathersby, safety, tips
(IN BRIEF) On the International Day for the Elimination of Violence Against Women, ten major development banks, including the World Bank Group and the European Investment Bank, issued a joint statement reaffirming their commitment to combat gender-based violence (GBV). They … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News, Society
Tagged Asian Development Bank, Asian Infrastructure Investment Bank, Caribbean Development Bank, Council of Europe Development Bank, EIB, Empower Women Worldwide, European Bank for Reconstruction and Development, European Investment Bank, gender-based violence, Global Development Banks, Inter-American Development Bank, International Day for the Elimination of Violence Against Women, Islamic Development Bank, New Development Bank, partnership, society, World Bank Group
(IN BRIEF) Equinor ASA announced a total cash dividend of USD 0.70 per share for Q2 2024, comprising an ordinary and an extraordinary dividend of USD 0.35 each. Based on the average USD to NOK exchange rate of 11.0741, the … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Norway
Tagged Dividend Payments, Equinor, Financial, investment
(IN BRIEF) Aviva has completed a £1.7 billion pensioner buy-in with the National Grid Electricity Group, part of the Electricity Supply Pension Scheme, ensuring benefits for 5,800 pensioner members. Finalized in October 2024, the transaction included transitioning an existing longevity … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, investment, National Grid Electricity, partnership, Pensioner Buy-In, Sean Rooney, Stephen Yandle, sustainability, Tom Scott, Zurich UK
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested €9 million in a €30 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental firm. This marks a continuation of Autonom’s sustainability efforts, following its … Read the full press release
Posted in Automotive, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Romania, United Kingdom
Tagged Autonom, Car Leasing Firm, Dan Ștefan, EBRD, investment, partnership, Romania, sustainability, Victoria Zinchuk
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