(IN BRIEF) Deutsche Bank has provided a AUD 150 million seven-year non-recourse loan facility to support Palisade Investment Partners in refinancing debt linked to the Intera Renewables platform in Australia. The financing forms part of a wider AUD 845 million … Read the full press release
Posted in Awards, Banks, Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management
Tagged APAC project finance, Australia, Battery Energy Storage System, BESS, clean energy investment, Deutsche Bank, Deutsche Bank Expands Renewable Energy Financing Support Through AUD 150 Million Intera Renewables Facility, Deutsche Bank Supports Australian Energy Transition With Refinancing Package for Intera Renewables, electricity grid, energy storage, energy transition, grid stability, infrastructure financing, institutional investment, Intera Renewables, Palisade Investment Partners, Palisade Investment Partners Secures Long-Term Renewable Energy Financing From Deutsche Bank, Project Finance, Rachel Chia, refinancing, renewable development pipeline, renewable energy, Renewable Infrastructure, solar energy, Stockyard Hill Wind Farm, Summerfield Battery Energy Storage System, sustainable energy, wind farms
(IN BRIEF) 50Hertz has released its ToOp (Topology Optimizer) software as an open-source tool to support more efficient management of electricity grid congestion across Europe. Developed together with Elia Group and several European transmission system operators, the software uses GPU-based … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged 50Hertz, Amprion, Berlin, digital infrastructure, electricity grid, electricity transmission, ELIA Group, Elia Group Launches Open-Source Strategy with Release of Advanced Power Grid Optimization Tool, energy technology, energy transition, European energy market, European Transmission Operators Collaborate on Open-Source Platform for Smarter Electricity Network Operations, GPU computing, grid congestion, grid optimization, MCCS, Modular Control Centre System, National Energy System Operator, NESO, New ToOp Software Uses GPU Computing to Improve Electricity Grid Congestion Management Across Europe, Open source software, open-source ecosystem, power flow simulation, power grid management, redispatch costs, renewable energy, RTE, Smart Grid, Tennet, ToOp, Topology Optimizer, transmission system operator, TSO
(IN BRIEF) EIB Global has unveiled a €1 billion financing package to advance renewable energy generation and integrate national electricity grids across six Central American nations—Costa Rica, Panama, Honduras, Guatemala, El Salvador, and Belize—under the EU Global Gateway Investment Agenda. … Read the full press release
Posted in Banks, Defence, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, News
Tagged António Costa, Belize, CELAC-EU summit, Central America, clean energy financing, Climate Action, Costa Rica, EIB Global, EIB Global launches €1 billion clean energy and power grid integration initiative for Central America, El Salvador, electricity grid, energy transition, EU Global Gateway Investment Agenda, European Investment Bank, European Union, Guatemala, Honduras, Ioannis Tsakiris, Jozef Sikela, Latin America, Nadia Calviño, Panama, Regional integration, renewable energy, sustainable development, Team Europe, Teresa Ribera
(IN BRIEF) The European Investment Bank has provided Stadtwerke Karlsruhe with €270 million in long-term financing to modernize Karlsruhe’s electricity grid and expand CO₂-neutral district heating systems. The 24-year loan supports the conversion of overhead lines to underground cables, the … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News
Tagged climate neutrality, CO2-neutral heating, digital grid, district heating, EIB, electricity grid, energy transition, European Investment Bank, Germany, infrastructure modernization, investment, Karlsruhe, Karlsruhe secures long-term EIB funding to accelerate CO₂-neutral energy and heating transition, Michael Homann, Nicola Beer, renewable energy, smart meters, Stadtwerke Karlsruhe, sustainability
(IN BRIEF) EDF and the European Investment Bank have finalized the second €500 million tranche of a €1 billion financing package that will fund Enedis’ efforts to strengthen the French electricity grid and expand renewable energy connections. The investment will … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged Ambroise Fayolle, Bernard Fontana, carbon neutrality, climate resilience, decarbonization, EDF, EIB, electricity distribution, electricity grid, Enedis, energy transition, European Green Deal, European Investment Bank, France energy infrastructure, grid modernization, partnership, power networks, renewable energy, REPowerEU, solar power, sustainability, wind power
(IN BRIEF) 50Hertz Transmission GmbH has appointed Christine Janssen as its new Chief Financial Officer, succeeding Marco Nix who became CFO of Elia Group earlier this month. Janssen brings deep expertise in finance, regulation, and energy systems from her previous … Read the full press release
Posted in Berlin, Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News
Tagged 50Hertz, CFO appointment, Christine Janssen, electricity grid, electricity transmission, ELIA Group, energy transition, executive leadership, finance leadership, gender parity, German energy industry, infrastructure investment, MITNETZ GAS, MITNETZ STROM, partnership, PwC, regulatory expert, Stefan Kapferer, strategic growth, sustainability, sustainable energy
(IN BRIEF) Terna has initiated public consultation on a €20 million project to install a 150 kV underground cable between Augusta and Augusta 2 in Sicily, aiming to improve grid reliability and efficiency. The new infrastructure will replace 52 km … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Augusta, Carlentini, Catania, electricity grid, energy infrastructure, environmental benefits, Giuseppina Di Foggia, grid modernisation, Italy energy sector, land restoration, Lentini, Melilli, partnership, Paternò-Pantano-Priolo, power transmission, Priolo Gargallo, public consultation, Sicily, sustainability, Syracuse, Terna, underground cable
(IN BRIEF) The European Investment Bank has signed a loan agreement of 1.7 billion Polish zlotys (€405 million) with Orlen, which will finance major upgrades to Poland’s electricity network through its subsidiary, Energa Operator. This installment is the final tranche … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Poland
Tagged 000 kilometers, 1&1, 10, 2, 2035, 3.5-billion-zloty loan, 300 kilometers, 600 kilometers, central Poland, EIB, electricity grid, Energa Operator, energy security, energy storage, European Investment Bank, final tranche, green transition, Magdalena Bartoś, metering systems, national grid, new customers, northern Poland, ORLEN, Polish zlotys, power network, renewable energy, REPowerEU, sustainable growth, Teresa Czerwinska, underground cables, £4, €405 million
(IN BRIEF) The European Investment Bank has granted a €500 million loan to Dutch grid operator Stedin to enhance and expand its electricity distribution network over 2025–2026. The financing will support upgrades to Medium and Low Voltage systems in Zuid-Holland, … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Netherlands, News, Technology
Tagged climate change adaptation, EIB, electric vehicle chargers, electricity grid, energy transition, European Investment Bank, Grid Expansion, grid modernization, infrastructure renewal, Koen Bogers, Low Voltage, Medium Voltage, net congestion, partnership, renewable energy, Robert de Groot, Stedin, sustainability, Utrecht, Zeeland, Zuid-Holland, €500 million loan
(IN BRIEF) RWE has launched one of Germany’s largest battery storage systems at its Hamm and Neurath sites, providing 220 MW of capacity to help stabilise the electricity grid. The system contributes to energy market balancing and is integrated into … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged balancing energy markets, battery storage, electricity grid, energy infrastructure, energy storage, energy transition, grid stability, Growing Green strategy, Hamm, Neurath, partnership, renewable energy, RWE, storage capacity, sustainability, sustainable energy
(IN BRIEF) Terna has announced an investment of approximately €50 million to convert a portion of the “Mercallo – Cameri” power line into a 132 kV underground cable, aimed at enhancing energy transmission efficiency while minimizing environmental impact. The project … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged 132 kV power line, Bellinzago Novarese, Borgo Ticino, Cameri, efficiency, electrical pylons, electricity grid, energy transmission, environmental impact, Giuseppina Di Foggia, investment, Italian electricity system, Marano Ticino, Mercallo - Cameri, Oleggio, overhead power lines, partnership, Pombia, renewable energy, sustainability, sustainable energy, Terna, Ticino Natural Park, underground cable, Varallo Pombia, €50 million
(IN BRIEF) Stadtwerke Reutlingen has received a €70 million loan from the European Investment Bank (EIB) to modernize its electricity grid and expand its district heating network as part of Germany’s energy transition. The loan will fund infrastructure upgrades, including … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged clean energy, decarbonization, digitalization, district heating expansion, district heating network, EIB, electric vehicle chargers, electricity demand, electricity grid, energy transition, European Investment Bank, Federal Network Agency, gas and oil heating systems, Germany, grid infrastructure, grid modernization, heat pumps, Jens Balcerek, local energy generation, Nicola Beer, partnership, renewable energy, renewable energy generation, Reutlingen, solar power, Stadtwerke Reutlingen, sustainability, sustainable energy, wind power, €327.7 billion investment, €70 million loan
(IN BRIEF) Terna has received approval from the Italian Ministry of the Environment and Energy Security for a major project to modernize the 220 kV “Patria – Sant’Antimo” power line in Naples. The project will involve the construction of an … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged 21 million euros, 220 kV, 8.5 km power line, Caserta, electrical services, electricity grid, energy security, environmental impact, Frattamaggiore, Frattaminore, Giuseppina Di Foggia, grid modernization, Grumo Nevano, Italian Ministry of the Environment and Energy Security, land development, Marano di Napoli, Melito di Napoli, Mugnano di Napoli, Naples, overhead lines, Patria - Sant’Antimo power line, pylons, Sant’Antimo, Sant’Antimo - Fratta power line, Sant’Arpino, sustainability, Terna, underground cables, urban areas, visual impact
(IN BRIEF) Terna, under the leadership of Giuseppina Di Foggia, embarks on a significant project to revamp the electricity grid in certain areas of Caserta and Naples, with an investment exceeding 38 million euros. The initiative aims to diminish the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Caserta, electricity grid, Giuseppina Di Foggia, Naples, partnership, sustainability, Terna
(IN BRIEF) Today marks the second anniversary of the synchronisation of Ukraine’s and Moldova’s electricity grids with the Continental European Network, a critical achievement in light of concerns over energy security following Russia’s invasion of Ukraine in 2022. Completed in … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Moldova, News, Ukraine
Tagged EENTSO-E, electricity grid, European Union, Kadri Simson, MOLDOVA, partnership, Second Anniversary, sustainability, Synchronisation, UKRAINE, Volodymyr Kudrytskyi, Zbyněk Boldiš
(IN BRIEF) Terna, under the leadership of Giuseppina Di Foggia, is set to invest approximately 45 million euros in enhancing the resilience, reliability, and sustainability of the electricity grid in the Alghero and Putifigari municipalities of Sassari province, Sardinia. The … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has given its approval for a second loan tranche of PLN 1 billion to ENEA to support the modernization and renovation of the electricity distribution network in western Poland. This follows the first … Read the full press release
(IN BRIEF) Terna, Italy’s national grid operator, is continuing its modernization efforts for the electricity grid in the metropolitan area of Naples. This phase involves replacing a 5 km underground cable with a more reliable and sustainable XLPE (cross-linked polyethylene) … Read the full press release
(IN BRIEF) Terna, in collaboration with the Autonomous Province of Bolzano, has signed an agreement to facilitate the restructuring of the electricity grid in the Eisack Valley. The project, with an investment of 300 million euros, involves the demolition of … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Arno Kompatscher, Bolzano, Eisack Valley, electricity grid, Enrico Maria Carlini, Ferdinando Stablum, Flavio Ruffini, Giuliano Vettorato, partnership, restructuring, sustainability, Terna, Walter Baumgartner
(IN BRIEF) Terna, the company managing the national transmission grid, has completed aerial monitoring activities of the electricity grid in Abruzzo using helicopters from its fleet. The inspections covered approximately 2160 km of overhead lines, ensuring total efficiency of the … Read the full press release
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