(IN BRIEF) ORLEN has secured PLN 3.5 billion in funding from the National Recovery Plan (KPO) through Bank Gospodarstwa Krajowego (BGK) to accelerate offshore wind development in the Baltic Sea. The financing will support both the Baltic Power project—developed in … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Investment, Poland, Technology, United Kingdom
Tagged Baltic East, Baltic Power, Baltic Sea, Bank Gospodarstwa Krajowego, BGK, capacity auction, energy transition, green economy, Ireneusz Fąfara, KPO, low-emission generation, Marta Postuła, National Recovery Plan, Northland Power, Offshore wind, ORLEN, ORLEN Advances Baltic Sea Offshore Wind Expansion with Major Funding Agreement from BGK, ORLEN Secures PLN 3.5 Billion from the National Recovery Plan to Accelerate Offshore Wind Investments in the Baltic Sea, Poland, regional energy security, renewable energy, sustainable energy, wind turbines
(IN BRIEF) The EIB is tripling its intermediated lending for European defence-industry suppliers from €1 billion to €3 billion. It has signed an inaugural €500 million loan agreement with Deutsche Bank, which will provide €1 billion in credit lines to … Read the full press release
Posted in Banks, Business, Defence, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, Marketing, News, Security & Safety, Small Business, Technology
Tagged Airbus, BGK, Caisse des Dépôts, CDP, defence financing, Deutsche Bank, EIB, EU defence supply chain, European Investment Bank, Fabrizio Campelli, ICO, INNOVATION, intermediated lending, KfW, Leonardo, military infrastructure, Nadia Calviño, Pan-European Security and Defence Lending Envelope, partnership, R&D, Rheinmetall, SMEs, strategic autonomy, sustainability, Thales
(IN BRIEF) The Croatian Bank for Reconstruction and Development (HBOR) has pledged €20 million to the Three Seas Initiative Innovation Fund, which supports growth-stage businesses in Central and Eastern Europe. This makes HBOR the fourth contributor to the fund, following … Read the full press release
Posted in Banks, Business, Croatia, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged 3SI Innovation Fund, BGK, Central and Eastern Europe, clean energy, Croatian Bank for Reconstruction and Development, Czech National Development Bank, EIF, EU funds, European Investment Fund, Global Competitiveness, Green Technologies, growth-stage companies, HBOR, Hrvoje Čuvalo, INNOVATION, Marjut Falkstedt, MFB, Ministry of Regional Development and EU Funds, Ministry of the Economy, partnership, Private Credit Funds, private equity, Šime Erlić, sustainability, sustainable development, Three Seas Initiative, venture capital
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