(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has partnered with an international consortium led by Actis, a global sustainable infrastructure investor, to acquire approximately 1,800 mobile towers from Serbian state-owned telecoms operator Telekom Srbija across Bosnia and … Read the full press release
Posted in Banks, Bosnia and Herzegovina, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Montenegro, News, Serbia, Technology, Telecom, United Kingdom
Tagged acquisition, Actis, Bosnia and Herzegovina, EBRD, Holger Muent, Mobile Towers, Montenegro, partnership, SERBIA, sustainability, Telekom Srbija, Western Balkans
(IN BRIEF) The European Investment Bank (EIB) is set to provide €225 million in financing to Renfe for the modernization of its high-speed and freight trains. The funding includes a €125 million loan to renew the high-speed fleet, involving the … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and the Nordic Investment Bank (NIB) have joined forces to provide €371 million in financing for H2 Green Steel’s groundbreaking steel plant project in Boden, Sweden. Backed by the European Union’s InvestEU program, … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Metals and Minerals, News, Sweden, Technology
Tagged André Küüsvek, EIB, H2 Green Steel, Henrik Henriksson, Low-Carbon Plant, NIB, Paolo Gentiloni, partnership, sustainability, Sweden, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) has entered into an agreement with Protix, a leading sustainable protein producer, to provide up to €37 million in financing for the construction of a new production plant in Poland. This initiative aligns … Read the full press release
(IN BRIEF) INSEAD, the global business school, has signed a €60 million financing agreement with the European Investment Bank (EIB) to support its Europe Campus Reimagination project. The loan will facilitate the modernization and expansion of the INSEAD Europe Campus … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, EIB, Europe Campus, expansion, France, INSEAD, modernization, partnership, Professor Francisco Veloso, Renovation EIB, sustainability
(IN BRIEF) Kathleen Wantz-O’Rourke is set to become the Executive Vice President and Group Chief Financial Officer at SUEZ starting March 15th. Kathleen has extensive international finance experience, having held various CFO positions at SIEMENS in different countries and serving … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Management
Tagged AKKA Technologies, appointment, Circle of Women Leaders in Paris, Duke University, ENGIE, Kathleen Wantz-O'Rourke, NEXANS, Plastic Omnium, Sabrina Soussan, Siemens, SUEZ, the Institut de Haute Finance in Paris, Trust Management Institute, Turgot Prize, University Paris Dauphine
(IN BRIEF) Equinor has commenced operations at its Blandford Road battery storage facility in the UK, marking a significant milestone in its efforts to provide flexible power solutions and support the country’s transition to low-carbon energy. The 25 MW/50 MWh … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Norway, Technology, United Kingdom
Tagged Alex Grant, battery storage, British Energy Security Strategy, Danske Commodities, electricity, Electricity North West, ENWL, Equinor, lithium-ion battery, Noriker Power, Olav Kolbeinstveit, power solutions, SEPD, Southern Electric Power Distribution, The Blandford Road battery storage, The Welkin Mill battery storage
(IN BRIEF) Eneco and Corre Energy have entered into a provisional agreement to jointly develop and invest in Corre Energy’s inaugural compressed air energy storage (CAES) project in Germany, located in Ahaus, North Rhine-Westphalia. This collaboration will allow Eneco to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News
Tagged Compressed Air Energy Storage (CAES) Project, Corre Energy, Eneco, Germany, Kees-Jan Rameau, Keith McGrane, partnership, sustainability
(IN BRIEF) A.P. Moller – Maersk is pleased to welcome Flying Tiger Copenhagen as a new customer, as the Danish retailer commits to transporting its entire ocean freight volume under Maersk’s ECO Delivery solution starting in 2024. This initiative aims … Read the full press release
(IN BRIEF) Milan-based construction company, Webuild Group, has entered into a joint venture with Fomento de Construcciones y Contratas Canada Ltd. (“FCC Canada”) to win a contract valued at approximately €700 million to €1.3 billion for the development and construction … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Transportation & Logistics
Tagged CANADA, FCC Canada, Milan, Ontario Line, Pape Tunnel and Underground Stations (PTUS) Development, partnership, sustainability, Webuild
(IN BRIEF) Plenitude, an Italian energy company specializing in renewable energy, has joined forces with BlueFloat Energy and Sener Renewable Investments to advance offshore wind projects in Spain. This partnership strengthens their existing consortium and creates a dominant player in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Italy, Spain
Tagged BlueFloat Energy, Carlos Martín, electric vehicle charging points, ENERGY, energy sales, energy services, Miguel Domingo, Offshore wind, offshore wind energy, onshore wind power, Parc Tramuntana, Parque Nordés, Parque Tarahal, Plenitude, renewable sources, Sener Renewable Investments, Solar PV, Spain, Stefano Goberti
(IN BRIEF) Altor has successfully closed Altor Fund VI at its hard cap of EUR 3 billion, marking the firm’s largest fund to date. With a track record of strong performance, including a 29% gross IRR and 3.0x money multiple … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden
Tagged Altor, Financial, fund, green transition, Harald Mix, investment, Klas Johansson, Paal Weberg, sustainability
(IN BRIEF) At the World Economic Forum’s Annual Meeting 2024, top-tier C-suite executives from Europe and MENA gathered to explore the shift from hardware to software in industries. Hosted by Roland Berger and Creative Dock, the event featured Renata Jungo … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Switzerland, Technology
Tagged AI, Manuel Hörl, Marcus Berret, Martin Pejsa, partnership, Prof. Dr. Tobias Gutmann, Renata Jungo Brüngger, Roland Berger, Software Supremacy, sustainability, Thomas Saueressig, Transformative Power, World Economic Forum
(IN BRIEF) RWE’s agrivoltaics (Agri-PV) plant in Germany, which integrates power generation and agriculture, has commenced the supply of green electricity to the grid after a rapid five-month construction period. Located on approximately seven hectares of recultivated land near the … Read the full press release
(IN BRIEF) Austrian Federal Railways (ÖBB) has placed an order for 70 trains with Siemens Mobility as part of a framework agreement secured in 2023. These trains, based on the Mireo platform, will be delivered in three different versions starting … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Andreas Matthä, Austrian Federal Railways (ÖBB), innovative, Michael Peter, Mireo trains, partnership, Siemens, Siemens Mobility, sustainability
(IN BRIEF) Nestlé has launched a new KitKat made with cocoa mass from beans grown by farmer families participating in the company’s income accelerator program. The initiative, aimed at addressing the living income gap of cocoa-farming families and reducing child … Read the full press release
(IN BRIEF) Ignacio Galán, the Executive Chairman of Iberdrola, stressed the significance of energy storage in accelerating investments in renewables during his participation in the Davos Forum session on tripling renewables. Galán emphasized the need for investments in electricity distribution … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Spain
Tagged Davos Forum, energy storage, Iberdrola, Ignacio Galán, John Kerry, Kadri Simson, sustainability
(IN BRIEF) SEB has announced its investment in Copenhagen Energy Islands, a new development company by Copenhagen Infrastructure Partners (CIP), dedicated to creating energy islands globally. These large-scale offshore energy hubs are poised to play a crucial role in the … Read the full press release
Posted in Banks, Business, Denmark, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Copenhagen Energy Islands, investment, Jakob Baruël Poulsen, Kristian Skovmand, offshore, partnership, renewable energy, SEB, sustainability
(IN BRIEF) Societe Generale and the International Finance Corporation (IFC), a member of the World Bank Group, have signed a Collaboration Framework Agreement to further their collaboration on sustainable finance initiatives in developing countries, aligning with their shared commitment to … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Investment, Management, News
Tagged Financial, IFC, Makhtar Diop, partnership, Slawomir Krupa, SOCIÉTÉ GÉNÉRALE, sustainability
(IN BRIEF) Basilea Pharmaceutica Ltd (SIX: BSLN) has announced that its partner Knight Therapeutics Inc. (TSX: GUD) exceeded the sales threshold for the antifungal Cresemba (isavuconazole) in Latin America in 2023, triggering the first sales milestone payment for the region. … Read the full press release
Posted in Business, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Switzerland, Technology
Tagged antifungal, Basilea, Cresemba®, David Veitch, Knight Therapeutics, Latin America, partnership, sustainability
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