Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Ten-Year Wind PPA Between Iberdrola España and Renfe Secures Stable Pricing and Cuts Over 2 Million Tonnes of CO₂ Annually

(IN BRIEF) Iberdrola España and Renfe have signed a 10-year VPPA to supply 370 GWh per year of onshore wind energy—equivalent to a 190 MW wind farm—granting Renfe long-term price stability and advancing Spain’s green transition. The pact will cut … Read the full press release

Heidelberg Materials Inaugurates Brevik CCS Facility to Capture 400 000 Tonnes of CO₂ and Deliver Net-Zero Concrete

(IN BRIEF) Heidelberg Materials inaugurated Brevik CCS—the cement industry’s first industrial-scale carbon capture and storage plant—at a ceremony attended by Crown Prince Haakon, Energy Minister Terje Aasland, and Dr Dominik von Achten. The facility will capture 400,000 tonnes of CO₂ … Read the full press release

New Safran-HAL Agreement Advances Make in India with Inconel Component Manufacturing for LEAP Engines

(IN BRIEF) Safran Aircraft Engines and HAL have expanded their partnership with a new agreement at the Paris Air Show to produce rotating Inconel components for LEAP engines in India. Building on previous MoUs and contracts, this deal commits HAL … Read the full press release

Thales and Terma Forge Strategic Partnership to Boost European Capabilities in Defence and Aerospace

(IN BRIEF) Thales and Terma have entered into a Memorandum of Understanding to enhance strategic collaboration in the air, naval, and space domains. Signed at the Paris Air Show, the agreement is designed to reinforce European industrial and technological capabilities … Read the full press release

AI and Gen AI Deliver Growing ROI as Capgemini Report Signals Surge in Agentic AI Adoption

(IN BRIEF) A new report by the Capgemini Research Institute finds that organizations are achieving strong returns on their AI investments, with an average 1.7 times ROI. Around 40% of businesses expect to see positive returns within one to three … Read the full press release

Neoclease Wins Merck’s 2025 Biotech Grant for AI-Powered Gene Therapies Targeting Parkinson’s and Genetic Disorders

(IN BRIEF) Merck has awarded its 2025 North American Advance Biotech Grant to Neoclease, a Boston-based startup developing AI-designed gene-editing therapies for Parkinson’s disease and other monogenic disorders. Neoclease will benefit from Merck’s technologies, contract testing, regulatory guidance, and hands-on … Read the full press release

EIF and EIB mobilise €370 million via securitisation with Santander to support women entrepreneurs and sustainable farming

(IN BRIEF) The EIB Group and Santander have structured a €250 million securitisation—comprising a €200 million EIF guarantee with ING and a €50 million EIB investment—to support Spanish SMEs, mid-caps, agricultural enterprises and women entrepreneurs. This transaction is expected to … Read the full press release

EIB commits additional €500 million to Greek urban sustainability projects

(IN BRIEF) The EIB and Greece’s CDLF have signed a €500 million loan under the Antonis Tritsis urban investment programme, bringing the EIB’s total commitment to €1 billion. The funds will support hundreds of local authority projects—ranging from water and … Read the full press release

KfW reinforces education and protection for Syrian refugee children in Jordan on World Refugee Day

(IN BRIEF) To commemorate World Refugee Day on 20 June, KfW Development Bank spotlights its six-year partnership with BMZ and UNICEF in Jordan, where over 600,000 refugees—half children—receive education, psychosocial care and individual support. Through phased “Syrian Refugee Support to … Read the full press release

Norges Bank Cuts Policy Rate to 4.25 Percent and Outlines Path for Further Reductions in 2025

(IN BRIEF) On 18 June 2025, Norges Bank’s Monetary Policy and Financial Stability Committee reduced the policy rate from 4.50 percent to 4.25 percent in a unanimous decision, marking the beginning of a cautious normalization after a tightening cycle that … Read the full press release

Hydro’s Alunorte Refinery Achieves 1.4 Million-Tonne Annual Emissions Reduction Through Gas, Electric Boilers, and Renewables

(IN BRIEF) Hydro’s Alunorte refinery in Pará has spent BRL 1.3 billion to switch from fuel oil to natural gas—via an FSRU at Barcarena—across its steam and calciner units, cutting 700,000 tonnes of CO₂ annually. This initiative underpins Hydro’s broader … Read the full press release

Co-op and Banking Consortium Align £350 Million Funding to Ambitious ESG Targets

(IN BRIEF) Co-op has arranged a £350 million sustainability-linked term loan over five years with HSBC UK, Barclays, ING, Lloyds, NatWest, and Rabobank. This facility reflects Co-op’s strong financial performance—including a 35 percent boost in operating profit, a return to … Read the full press release

Luxembourg tops European fashion spending at €1 777 per person while Romania lags at €375

(IN BRIEF) NIQ-GfK’s pan-European analysis finds that average per-capita spending on clothing and shoes in 25 countries is €772, with Luxembourg (€1 777), Switzerland (€1 096) and Norway (€1 034) at the top and Romania (€375) at the bottom; fashion … Read the full press release

Ahlstrom expands Turin site with advanced molecular filtration media line to meet global demand

(IN BRIEF) Ahlstrom has launched a state-of-the-art molecular filtration media production line at its Turin site, enhancing its leadership in sustainable specialty materials and meeting growing global demand for configurable, high-performance filtration solutions. The new infrastructure features advanced process controls … Read the full press release

VELUX partners with Domea.dk to deliver affordable low-carbon homes under Living Places framework

(IN BRIEF) The VELUX Group and Domea.dk have entered into a strategic partnership aimed at advancing the green transition in Denmark’s affordable housing sector. Through this collaboration, Domea.dk becomes the first non-profit housing organization to test and implement VELUX’s Living … Read the full press release

Maersk christens Berlin Mærsk as largest dual-fuel methanol ship to join its fleet

(IN BRIEF) Maersk has named Berlin Mærsk, its 14th dual-fuel methanol container ship, at HHI’s Ulsan facility on 18 June 2025. Part of a six-ship series delivered this year under the Danish flag, Berlin Mærsk retains the Ane Mærsk class … Read the full press release

University of Southampton rises into global top 200 in THE Impact Rankings with strong SDG 17 showing

(IN BRIEF) The University of Southampton has achieved a top-200 overall ranking in the Times Higher Education Impact Rankings 2025 out of 2,318 universities assessed against the UN Sustainable Development Goals, with standout performances in Partnerships for the Goals (42nd … Read the full press release

Airbus Helicopters and Singapore DSTA to demonstrate integrated helicopter-drone operations

(IN BRIEF) Airbus Helicopters and Singapore’s DSTA have teamed up to install Airbus’s HTeaming system on the RSAF’s H225M helicopter to enable direct piloted control of the Flexrotor UAS. Flight trials will assess how this crewed-uncrewed pairing improves situational awareness, … Read the full press release

UEA expands Big Sister Little Sister mentorship to double iBelong outreach in computing

(IN BRIEF) UEA’s Big Sister Little Sister initiative, founded in 2017 by Debbie Taylor, provides mentorship, community events and school outreach to boost the 10–12% female and non-binary representation in Computing Sciences. Operated by students and alumni, BSLS offers foundation-year … Read the full press release

KPN Ventures backs ElevenLabs as partnership brings accessible speech and automation to KPN customers

(IN BRIEF) KPN has partnered with voice AI innovator ElevenLabs and invested in the company through KPN Ventures to accelerate the adoption of advanced audio AI in the Netherlands. Early efforts will focus on converting content into high-quality speech and … Read the full press release