(IN BRIEF) Intesa Sanpaolo has announced its 2030 decarbonization targets for four high-emission sectors: Residential Real Estate, Agribusiness-Primary Farming, Cement, and Aluminium, completing its commitment to the Net Zero Banking Alliance (NZBA). The new targets, which build on previous objectives … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Technology
Tagged 2030 Decarbonization, Agribusiness-Primary Farming, aluminium, Cement, High-Emission Sectors, Intesa Sanpaolo, Paola Angeletti, partnership, residential real estate, sustainability
(IN BRIEF) Webuild played a key role in the newly inaugurated Riyadh Metro, contributing to the development of its longest line, the Orange line (Line 3), part of a 176-kilometer automated network supporting Saudi Arabia’s Vision 2030. The metro improves … Read the full press release
(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) 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 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) Fincantieri’s Norwegian subsidiary, Vard, has signed a €200 million contract to design and construct five Walk-to-Work vessels for an international client. The vessels, designed to support offshore oil and gas platforms, will feature hybrid propulsion systems, advanced motion-compensated … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Norway, Technology, Transportation & Logistics
Tagged Fincantieri, Norway, partnership, Pierroberto Folgiero, sustainability, Vard, Walk-to-Work Vessels
(IN BRIEF) Eni has launched HPC6, a cutting-edge supercomputer with a peak performance of 606 PFlop/s, ranking fifth globally and first in Europe for industrial use. HPC6 supports Eni’s decarbonization and energy transition efforts by enhancing CO2 storage research, biofuel … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Italy, Management, News, Technology
Tagged Claudio Descalzi, energy transition, Eni, HPC6, partnership, supercomputing, sustainability
(IN BRIEF) Altea Green Power, a renewable energy company specializing in developing eco-friendly power generation plants, has transitioned from Euronext Growth Milan to the prestigious Euronext STAR Milan segment. With a market capitalization of €127.2 million, Altea Green Power is … Read the full press release
(IN BRIEF) Webuild, leading a joint venture with GS E&C and Bouygues Construction, has signed a AU$1.7 billion contract to construct the Tunnels North segment of Melbourne’s Suburban Rail Loop (SRL) East, aimed at enhancing sustainable public transit options for … Read the full press release
Posted in Business, Construction, Industrial, Infrastructure & Utilities, Italy
Tagged AU$1.7 billion, Bouygues Construction, Box Hill, congestion reduction, energy transition, Glen Waverley, GS E&C, infrastructure, Melbourne, orbital rail line, public transportation, SRL East, Suburban Rail Loop, sustainable transit, transportation, tunnel-boring machines, Tunnels North, Webuild
(IN BRIEF) Fincantieri and Crystal have finalized a major agreement for a new luxury cruise ship, designed to accommodate approximately 690 passengers with all-suite, high-end accommodations, including solo traveler options. This 61,800-ton vessel will feature premium interiors and a high … Read the full press release
(IN BRIEF) Iberdrola and Acciaierie Venete Spa have signed a multi-year Power Purchase Agreement (PPA) to supply 12MW of green energy from an Iberdrola photovoltaic plant under construction. This partnership will help reduce CO₂ emissions by approximately 6,960 tonnes per … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, Metals and Minerals, News, Spain
Tagged Acciaierie Venete, Decarbonize Steel Production, Francesco Semino, Green Energy, Iberdrola, Italy, Lorenzo Costantini, partnership, sustainability
(IN BRIEF) An international operation coordinated by Eurojust and Europol has disrupted a major Albanian-led drug trafficking network, leading to the arrest of 29 suspects across Italy and Albania. The operation, which began with investigations in 2021, uncovered cocaine concealed … Read the full press release
Posted in Albania, Business, Financial, Government, Industrial, Investment, Italy, Law, Management, Netherlands, News, Security & Safety
Tagged Albania, Cocaine Trafficking Ring, Eurojust, Europe, EUROPOL, France, International Operation, Italy, partnership, Romania, Spain
(IN BRIEF) PVA TePla AG has opened a new, state-of-the-art facility in Marano Vicentino, Italy, doubling its previous production space and enhancing its in-house manufacturing of essential components for sectors like renewable energy and semiconductors. The sustainable, energy-efficient plant strengthens … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Italy, Jalin Ketter, Matteo Costeniero, partnership, production, PVA TePla, sustainability
(IN BRIEF) Eni has completed the sale of its Alaskan oil assets, Nikaitchuq and Oooguruk, to Hilcorp for $1 billion. This divestment aligns with Eni’s strategy to streamline its upstream portfolio by focusing on core assets and contributing to its … Read the full press release
(IN BRIEF) SACE and Eni have formed a strategic partnership to boost the sustainability and competitiveness of Italian businesses, particularly SMEs. Through the integration of SACE’s ESG Hub and Eni’s Open-es platform, the alliance will provide companies with enhanced tools … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Insurance, Investment, Italy, Management, News, Small Business
Tagged Antonio Frezza, Costantino Chessa, Eni, ESG Transformation, Italy, Open-es, partnership, SACE, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Cassa Depositi e Prestiti (CDP) have launched a new €500 million guarantee agreement aimed at bolstering public sector investment across Italy, particularly in central and southern regions. This initiative, which builds on … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News
Tagged Cassa Depositi e Prestiti (CDP), EIB, investment, Italy, partnership, public sector, sustainability
(IN BRIEF) Terna, the Italian transmission system operator, hosted the Innovation Zone Forum in San Francisco, aimed at fostering collaboration in the energy sector. The two-day event gathered startups, investors, and energy leaders to discuss challenges and innovative technologies for … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, Media, News, Technology
Tagged Energy Innovators, Giuseppina Di Foggia, Innovation Zone Forum, partnership, San Francisco, sustainability, sustainable transition, Terna
(IN BRIEF) Digi Communications N.V. announced that its Romanian subsidiary, DIGI Romania S.A., has entered a memorandum of understanding (MoU) with OTE and Vodafone Romania regarding OTE’s divestment from Telekom Romania Mobile Communications (TKRM). The MoU outlines plans for DIGI … Read the full press release
Posted in Belgium, Business, Financial, Investment, Italy, Management, Netherlands, News, Portugal, Romania, Spain, Technology, Telecom
Tagged Adrian Tomșa, Autoriteit Financiële Markten, broadband, broadband data services, Bucharest Stock Exchange, DIGI COMMUNICATIONS N.V., Digi Romania S.A., entertainment solutions, fibre optic network, fibre-to-the-home, fixed telecom operator, fixed-line telephony, FTTH, Hellenic Telecommunications Organization S.A., MNO, mobile spectrum, mobile telecom operator, mobile telecommunication, MoU, noteholders, OTE, pay TV, Serghei Bulgac, telecommunication services, Telekom Romania Mobile Communications, TKRM, TKRM assets, Vodafone Romania
(IN BRIEF) Cogefeed has officially listed on the professional segment of Euronext Growth Milan, marking its entry as the 18th company on this market in 2024 and the 39th listing on Euronext overall this year. Known for its focus on … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, International Trade, Investment, Italy, Management, News, Technology
Tagged Cogefeed, Daniele Filizola, Euronext, expansion, Milan, partnership, renewable energy, sustainability
(IN BRIEF) ACEA has secured €500 million in financing from the European Investment Bank (EIB) and Cassa Depositi e Prestiti (CDP), backed by SACE, to upgrade the electricity distribution network managed by Areti in Rome and Formello. This investment, aimed … 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 ACEA, Alessandra Ricci, Cassa Depositi e Prestiti (CDP), Dario Scannapieco, EIB, energy infrastructure, Fabrizio Palermo, Gelsomina Vigliotti, investment, partnership, Rome, SACE, sustainability
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