Tag Archives: Coal Phase-Out

KfW IPEX-Bank Supports Major Polish Offshore Wind Farms with EUR 3 Billion Financing

Posted on 23, May 2025 by

(IN BRIEF) KfW IPEX-Bank has played a leading role in financing the Baltyk 2 and Baltyk 3 offshore wind farms in Poland, each with a 740 MW capacity. With a EUR 3 billion financing for each project, KfW IPEX-Bank, as … Read the full press release →

Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, Marketing, News, Poland, Technology

Tagged , , , , , , , , , , , , , , , , , , ,

European Commission Approves €2.6 Billion Compensation to RWE for Early Coal Phase-Out

Posted on 12, December 2023 by

(IN BRIEF) The European Commission has given its approval for RWE to receive €2.6 billion in compensation for the early phase-out of its lignite-fired power plants, as mandated by the German Act to Reduce and End Coal-Fired Power Generation passed … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News

Tagged , , , ,