(IN BRIEF) Lightsource bp has partnered with industry leaders, environmental non-profits, and the World Economic Forum (WEF) to launch the Responsible Renewables Infrastructure Coalition. This global alliance aims to accelerate renewable energy deployment while benefiting local communities and ecosystems, aligning … Read the full press release
(IN BRIEF) DNV has collaborated with Atlas Renewable Energy to secure $289 million in financing for its first standalone Battery Energy Storage System (BESS) project in Chile. The funding, obtained through senior loans and credit lines from BNP Paribas and … Read the full press release
(IN BRIEF) European Union finance ministers have endorsed a new Action Plan from the European Investment Bank (EIB) Group aimed at strengthening the Capital Markets Union. This initiative is designed to broaden financing options for innovative European companies and unicorns, … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged capital markets, EIB Group, Enrico Letta, EU, INNOVATION, Mario Draghi, Nadia Calviño, partnership, sustainability, Ursula von der Leyen
(IN BRIEF) Fabentech, a French biopharmaceutical company, has secured a €20 million loan from the European Investment Bank (EIB) through the HERA Invest initiative. The funding will support Fabentech’s research, bioproduction, and expansion of its FabShield® technology, which focuses on … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Healthcare, Industrial, Investment, Luxembourg, Management, News, Pharma & Biotech, Science, Technology
Tagged Biological Threat Response, EIB, Fabentech, France, Healthcare, Hera, Laurent Muschel, Pandemic Preparedness, partnership, Sébastien Iva, sustainability
(IN BRIEF) Eni has signed a Memorandum of Cooperation with Japan’s JOGMEC to collaborate on gas and LNG projects, aiming to diversify energy supply sources and support the energy transition. The agreement emphasizes the role of LNG in achieving carbon … Read the full press release
(IN BRIEF) Arkema has achieved ISCC PLUS certification for its Changshu production facility in China, allowing the company to introduce a new range of bio-attributed waterborne acrylic resins and additives for sustainable coating applications. Using the mass balance approach, Arkema … Read the full press release
Posted in Business, Chemicals, Environment, Financial, France, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Arkema, ASIA, Changshu Site, CHINA, Heidi Wang, ISCC PLUS certification, partnership, Resin Production, safety, sustainability
(IN BRIEF) TotalEnergies has acquired a 50% stake in two offshore wind projects, N-9.1 and N-9.2, from RWE. Located off the German coast, these projects, with a combined capacity of 4 GW, are expected to be commissioned in 2031 and … Read the full press release
(IN BRIEF) Equinor provided updates on 13 key development projects in Norway, which together represent a total investment of 198 billion kroner. The projects, aimed at ensuring a secure energy supply to Europe, include the Johan Castberg and Oseberg gas … Read the full press release
(IN BRIEF) RWE and TotalEnergies have partnered to develop two large-scale offshore wind projects off the German coast, each with a capacity of 2 gigawatts (GW). TotalEnergies will acquire a 50% stake in both projects, following RWE’s successful bid in … Read the full press release
(IN BRIEF) BASF is showcasing its latest sustainable innovations at Fakuma 2024 under the theme #ourplasticsjourney, focusing on more efficient and eco-friendly plastic solutions. Highlights include the SIRIUS 3RV2 circuit-breaker, developed with Siemens, which uses biomass-balanced plastics, and BASF’s expanded … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged BASF, Fakuma 2024, INNOVATION, Plastic Solutions, sustainability
(IN BRIEF) Stellantis is partnering with Dürr to build an energy-efficient paint shop at its Kenitra site in Morocco, doubling the facility’s capacity for electric and hybrid vehicle production. The plant will utilize advanced technologies like the EcoInCure electric oven, … Read the full press release
Posted in Automotive, Business, Chemicals, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology
Tagged Dürr, electric vehicle, MOROCCO, Netherland, Paint Shop, partnership, Stellantis, sustainability
(IN BRIEF) Airbus Helicopters has introduced the all-electric Mercedes-Benz eEconic to its fleet for helicopter refueling at its Donauwörth facility. Developed in collaboration with ROHR Spezialfahrzeuge, the eEconic is equipped with a 16,500-liter tank for aviation fuel, including Sustainable Aviation … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Airbus Helicopters, All-Electric Technology, Daimler truck, eEconic, Mercedes-Benz, partnership, refueling, sustainability, sustainable aviation fuel (SAF)
(IN BRIEF) Epiroc has secured a USD 150 million, ten-year sustainability-linked loan from the Nordic Investment Bank (NIB) to support its ambitious climate goals aimed at reducing carbon emissions in the mining industry. The agreement is tied to three key … Read the full press release
Posted in Banks, Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, Metals and Minerals, News, Sweden
Tagged André Küüsvek, decarbonization, Epiroc, Mining Industry, NIB, partnership, sustainability, Sweden
(IN BRIEF) Metso has signed a distribution agreement with Korund, making Korund the official distributor for Metso’s crushing and screening solutions in Kazakhstan and Kyrgyzstan. The partnership will focus on the aggregates segment, with Korund providing Metso’s equipment, wear parts, … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged Carlos Padim, Central Asia, Crushing, Dr. Valentin Bereza, Kazakhstan, Korund, Kyrgyzstan, Metso, partnership, Screening Solutions, sustainability
(IN BRIEF) Sweco has been tasked with designing the Green Turtle battery energy storage system for GIGA Storage Belgium, one of the largest in continental Europe. With a capacity of 2,800 MWh, this facility will store surplus renewable energy, such … Read the full press release
Posted in Belgium, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Belgium, Energy Storage Hub, Erwin Malcorps, Joeri Siborgs, partnership, renewable energy, sustainability, Sweco
(IN BRIEF) Vodafone has achieved a notable score of 83 out of 100 in EcoVadis’ 2024 sustainability assessment, reflecting a three-point improvement from the previous year. This score places the company in the top 1% of over 130,000 organizations assessed … Read the full press release
Posted in Awards, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged Awards, EcoVadis, leadership, sustainability, vodafone
(IN BRIEF) Eni has secured UK Government funding for its Liverpool Bay CO₂ transport and storage project, marking a significant advancement in the HyNet carbon capture and storage (CCS) initiative. The funding will support the establishment of the UK’s CCS … Read the full press release
(IN BRIEF) CMA CGM is excited to announce its participation in Fruit Attraction 2024, taking place from October 8th to 10th in Madrid, Spain. This major event in the fruit and vegetable sector will attract over 103,000 visitors from more … Read the full press release
(IN BRIEF) Vattenfall has been recognized as a leader in sustainability within the renewable energy sector following an independent assessment under the International Responsible Business Conduct (IRBC) Agreement. This agreement unites various stakeholders, including businesses, trade unions, and civil society … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Arjan Pouw, Awards, Kristin Tallbo, leadership, renewable energy, sustainability, Vattenfall
(IN BRIEF) Vattenfall is actively pursuing the development of electrofuels for the aviation industry, specifically focusing on producing electro-sustainable aviation fuel (eSAF) on a large scale. Despite this ambition, the market remains hesitant, with significant growth expected to be delayed … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Aviation, electro-sustainable aviation fuel (eSAF), Electrofuels, Mikael Nordlander, partnership, Per Sundell, sustainability, Vattenfall
(IN BRIEF) Kuehne+Nagel and the LEGO Group have inaugurated a new distribution center in Truganina, Victoria, to enhance supply chain operations across Australia and New Zealand. This facility spans 26,500 square meters and can store up to 26,000 pallets, catering … Read the full press release
(IN BRIEF) NAGRAVISION has partnered with Airties to integrate the NAGRA Scout cybersecurity suite into Airties’ Smart Wi-Fi portfolio, marking a significant step toward bolstering digital security for residential and small business customers. This collaboration aims to provide a comprehensive … Read the full press release
(IN BRIEF) Alstom has announced a significant contract with Proxima, marking the first independent entry into France’s high-speed rail market. The agreement involves the supply of 12 Avelia Horizon very high-speed trains and includes 15 years of maintenance services to … Read the full press release
(IN BRIEF) Arriva has been awarded two pioneering 12-year contracts by the Budapest Transport Centre (BKK), making it the first operator of an electric bus fleet in Hungary’s capital. Set to launch by the end of 2025, the fleet will … Read the full press release
(IN BRIEF) The University of Warwick’s WMG has launched the Safety Pool™ Studio, an innovative online platform designed to enable public participation in shaping the safety of Automated Vehicles (AVs). This first-of-its-kind platform allows users to create driving scenarios based … Read the full press release
Posted in Business, Education, Environment, Financial, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics, United Kingdom
Tagged Automated Vehicle, Lilian Greenwood MP, Professor Siddartha Khastgir, public, safety, Safety Pool™ Studio, University of Warwick, WMG
(IN BRIEF) Standard Chartered has officially launched its Sustainable Finance variants of Borrowing Base Trade Loans (BBTL), enhancing its suite of Sustainable Trade Finance solutions to support the decarbonization of the commodities sector. This innovative financing option will be accessible … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, International Trade, Investment, Management, News, Technology, United Kingdom
Tagged Borrowing Base Trade Loans (BBTL), Finance Options, Hong Kong, partnership, Singapore, Sofia Hammoucha, South Africa, Standard Chartered, sustainability, the UK, UAE, United States
(IN BRIEF) The European Investment Bank (EIB) has granted a €150 million loan to Pekao Leasing to bolster financing for small and medium-sized enterprises (SMEs) in Poland, with a focus on less-developed regions and a minimum of 20% allocated to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Small Business
Tagged Bank Pekao, Bartosz Grześkowiak, EIB, financing, Maciej Kijo, partnership, Pekao Leasing, Poland, PZU Group, Robert Sochacki, SMEs, sustainability, Teresa Czerwinska
(IN BRIEF) Wood has entered a partnership with Brazilian national oil company Petrobras to develop innovative concept studies for future Floating Production Storage and Offloading (FPSO) units. The collaboration aims to optimize performance and reduce emissions over the next decade. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, United Kingdom
Tagged Brazil, Floating Production Storage and Offloading (FPSO) Design, John Day, partnership, Petrobras, safety, sustainability, Wood
(IN BRIEF) Stagecoach has been chosen by Transport for London to supply zero-emission buses for a new cycle shuttle service associated with the Silvertown Tunnel, which is under construction beneath the Thames and set to open in 2025. The 1.4-kilometer … Read the full press release
(IN BRIEF) RWE has officially unveiled the first turbine blade for the Sofia Offshore Wind Farm, produced at Siemens Gamesa’s Hull facility. This significant milestone in the construction of the flagship renewable energy project was celebrated at a ceremony attended … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Darren Davidson, Germany, Melanie Onn, partnership, RWE, Siemens Gamesa Hull Factory, Sofia Offshore Wind Farm, sustainability, Tom Glover, Turbine Blade, UK
(IN BRIEF) Yara International has officially opened its new ammonia import terminal in Brunsbüttel, Germany, strategically located along the North Sea and Kiel Canal. This facility is set to import up to three million tonnes of low-emission ammonia annually, making … Read the full press release
(IN BRIEF) Eni S.p.A. has announced the successful completion of its combination with Ithaca Energy plc, consolidating nearly all of Eni’s upstream assets in the UK, excluding those in the East Irish Sea and CCUS activities. This strategic move involves … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, United Kingdom
Tagged Eni, Ithaca Energy, partnership, sustainability, UK
(IN BRIEF) PATRIZIA has partnered with Singapore’s Far East Organization to spearhead the repositioning of Pinners Hall, a landmark office building in London, into a premier office space. This initiative aligns with PATRIZIA’s “future of the office” strategy and will … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, United Kingdom
Tagged Far East Organization, London, Mahdi Mokrane, partnership, PATRIZIA, Pinners Hall, Repositioning, Singapore, Stiff + Trevillion, sustainability, Wendy Lai
(IN BRIEF) The ZEBRA (Zero wastE Blade ReseArch) project has made significant strides in wind turbine blade recycling by demonstrating a closed-loop system that fully recycles thermoplastic blades. Led by the French Institute for Technological Research, IRT Jules Verne, the … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Arkema, Innovative Closed-Loop System, Jules Verne, Owens Corning, partnership, sustainability, Wind Turbine Blade Recycling, ZEBRA (Zero wastE Blade ReseArch) Project
(IN BRIEF) LANXESS has signed a contract to sell its Urethane Systems business to Japan’s UBE Corporation for an enterprise value of €460 million, with expected proceeds around €500 million. This sale allows LANXESS to exit its last polymer business … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced a €100 million investment in Green Genius, a renewable energy developer, positioning itself as a minority shareholder upon receiving necessary regulatory approvals. This funding will support Green Genius’s … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News, United Kingdom
Tagged EBRD .Investment, Europe, Green Genius, Grzegorz Zieliński, Lithuania, partnership, renewable energy, Ruslan Sklepovič, sustainability, Tomas Kairys
(IN BRIEF) The European Investment Bank (EIB) is partnering with the Latvian government and the Latvian State Real Estate Company (SRE) to promote the development of affordable rental housing in Latvia. This initiative will be supported by the EIB’s Advisory … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Luxembourg, Management, News, Real Estate
Tagged affordable housing, Arvils Aseradens, EIB, Latvia, partnership, sustainability, Thomas Östros
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested €5 million in Pozavarovalnica Sava (Sava Re), facilitating the first-ever Tier 3 subordinated bond issuance by an insurer in Slovenia and the broader central and southeastern European region. … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Slovenia, United Kingdom
Tagged Alexander Saveliev, EBRD, investment, Marko Jazbec, partnership, Sava Re, Slovenia, sustainability
(IN BRIEF) Covestro AG has signed an Investment Agreement with ADNOC International Germany Holding AG, which supports ADNOC’s public takeover offer for all Covestro shares at €62.00 each, valuing the company at approximately €11.7 billion. The agreement ensures ADNOC’s commitment … Read the full press release
(IN BRIEF) DNV is collaborating with a consortium of industry partners to tackle the environmental impact of sulphur hexafluoride (SF6) within the UK’s electricity transmission network. This project aims to significantly reduce SF6 emissions and promote the transition to alternatives, … Read the full press release
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
