(IN BRIEF) Centrica has acquired the Terhills battery storage project, an 18 MW facility in Belgium, from venture capital firm LRM as part of its strategy to boost green energy investments. The site, operational since 2018, has been optimised by … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged acquisition, Battery Storage Project, Belgium, Centrica, Chris O’Shea, ENERGY, investments, partnership, sustainability, Tom Vanham
(IN BRIEF) The European Investment Bank Group (EIB Group), in partnership with Santander, has launched a €183 million initiative to boost energy efficiency investments in Portugal. The agreement includes €91.6 million in EIB Group support for Santander’s upper-mezzanine tranche, enabling … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Portugal, Small Business
Tagged Alessandro Tappi, Amílcar Lourenço, EIB Group, ENERGY, Jean-Christophe Laloux, partnership, PORTUGAL, Santander, SMEs, sustainability
(IN BRIEF) Wood has partnered with Tendrill to form TendrillWood, a joint venture delivering engineering, procurement, and construction services in Brunei. Established in 2023, TendrillWood combines Wood’s global expertise with Tendrill’s local knowledge, employing a workforce that is 74% Bruneian. … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Brunei, ENERGY, Engineering Solutions, Haryati Ramlee, partnership, Steve Nicol, sustainability, Tendrill, Wood
(IN BRIEF) The European Investment Bank (EIB) has provided a €105 million loan to the Municipality of Tuusula in Finland to construct energy-efficient school complexes for 3,500 students. The project, spanning three neighborhoods, aims to create modern educational spaces aligned … Read the full press release
Posted in Banks, Business, Construction, Education, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged EIB, ENERGY, Finland, Kalle Ikkelä, partnership, School Complexes, sustainability, Thomas Östros, Tuusula Municipality
(IN BRIEF) The European Investment Bank (EIB) has committed €10.3 billion to support various European sectors, including agriculture, energy, water, education, and innovation. This funding includes €900 million for immediate reconstruction in flood-affected areas and a landmark €3 billion initiative … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged agriculture, Climate-Resilient, EIB, ENERGY, Europe, infrastructure, Nadia Calviño, partnership, sustainability
(IN BRIEF) The European Investment Fund (EIF) has committed €100 million to the Prime Green Energy Infrastructure Fund II (PGEIF II), managed by Prime Capital AG, to support renewable energy projects in Scandinavia. This brings the fund’s total size to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Norway, Sweden
Tagged Andreas Kalusche, Dr. Mathias Bimberg, EIF, ENERGY, Finland, Marjut Falkstedt, Norway, partnership, Prime Capital AG, Prime Green Energy Infrastructure Fund II (PGEIF II), Scandinavia, sustainability, Sweden
(IN BRIEF) Eni held its 2024 Eni Award ceremony at the Quirinal Palace in Rome, recognizing outstanding achievements in energy and environmental research. The awards highlighted innovations in carbon capture, renewable energy, and sustainable technologies. Key winners included Marc Fontecave … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Italy, Management, News, Technology
Tagged 2024 Awards Ceremony, Awards, Elvira Spatolisano, ENERGY, Eni, Holger Braunschweig, innovations, leadership, Marc Fontecave, Nam-Gyu Park, Sergio Mattarella, Stefano Toso, sustainability
(IN BRIEF) The Nordic Investment Bank (NIB) has granted an eight-year SEK 200 million (EUR 17.05 million) loan to Bonnier Fastigheter AB to fund the refurbishment of five buildings in Stockholm and Uppsala. The renovations focus on improving energy efficiency, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Real Estate, Sweden
Tagged Bonnier Fastigheter, ENERGY, NIB, partnership, Patrick Nylund, renovations, Stockholm, sustainability, Uppsala
(IN BRIEF) Centrica has introduced Energised Futures, a new start-up venture aimed at simplifying and reducing the cost of energy for consumers. The venture will combine research, innovation, and development expertise from various Centrica brands, including British Gas and Hive, … Read the full press release
(IN BRIEF) Wood secures a $46 million contract over three years from TotalEnergies to provide engineering and consulting services for the Associated Gas Upstream Project in Iraq. The project aims to recover flared gas in the Basra region and includes … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged ENERGY, France, Iraq, partnership, Shaun Dewar, sustainability, TotalEnergies, Wood
(IN BRIEF) In response to recent attacks by Russia on Ukraine’s energy infrastructure, the European Bank for Reconstruction and Development (EBRD) has pledged over €300 million in additional funding to support the country’s state-owned energy companies. This commitment, formalized through … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Ukraine, United Kingdom
Tagged Denis Shmyhal, EBRD, ENERGY, Odile Renaud-Basso, partnership, sustainability, UKRAINE, Ukrenergo, Ukrhydroenergo, Ukrnafta
(IN BRIEF) In a move to enhance operational efficiency and focus on delivering its priorities, bp announces a simplification of its organizational structure. The company will maintain three core businesses – production & operations, gas & low carbon energy, and … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, United Kingdom
Tagged Anja-Isabel Dotzenrath, appointments, BP, Carol Howle, Emeka Emembolu, Emma Delaney, ENERGY, gas, Giulia Chierchia, Gordon Birrell, Kate Thomson, Kerry Dryburgh, leadership, Leigh-Ann Russell, low carbon energy, Mike Sosso, Murray Auchincloss, organisational structure, William Lin
(IN BRIEF) Feka Automotive, a prominent Serbian automotive lighting producer with ties to major global car manufacturers, including Toyota and Volkswagen, is set to undergo a significant expansion with the support of a €15 million loan from the European Bank … Read the full press release
Posted in Automotive, Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Serbia, Technology, United Kingdom
Tagged automotive, EBRD, ENERGY, expansion, Feka Automotive, partnership, SERBIA, Stellantis, sustainability, Toyota, Volkswagen
(IN BRIEF) MYTILINEOS Energy & Metals, in collaboration with Protergia and Powerledger, introduces groundbreaking energy provenance tracking and tracing features in Greece. This innovative partnership empowers consumers to track their energy sources in near real-time, visualize their carbon footprint, and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Investment, Management, News, Technology
Tagged ENERGY, Greece, MYTILINEOS, partnership, Powerledger, Protergia, sustainability
(IN BRIEF) TotalEnergies is celebrating its 100th anniversary, marking a century of innovation and leadership in the global energy sector. Founded in 1924 as Compagnie Française des Pétroles, the company started in France without local oil resources but quickly expanded … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Management
Tagged 100th anniversary, Compagnie Française des Pétroles, COP28, decarbonized power, Direct Energie, electricity, Elf-Aquitaine, ENERGY, energy transition, France’s energy supply, hydrocarbons, LNG, Maersk Oil, multi-energy company, natural gas, oil, Petrofina, renewables, Saft, TotalEnergies
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is supporting energy efficiency initiatives in Vilnius by investing €25 million in Šiaulių Bank’s energy efficiency fund. Managed by Šiaulių Bank, the fund aims to finance energy efficiency renovations in … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News, Real Estate, United Kingdom
Tagged EBRD, ENERGY, Lithuania, partnership, residential, Šiaulių Bank, Sue Barrett, sustainability, Vilnius, Vytautas Sinius
(IN BRIEF) In the midst of International Women’s Day celebrations, Vattenfall, a key player in the energy market, showcases its commitment to gender diversity and equality. With women outnumbering men in top-level management, including the CFO Kerstin Ahlfont, Vattenfall highlights … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, Media, News, Society, Sweden
Tagged Anna Borg, ENERGY, Equal by 30, gender diversity, International Women's Day, Kerstin Ahlfont, leadership, society, Vattenfall, WOMEN
(IN BRIEF) Espe, an energy company based near Padua, Italy, has been listed on Euronext Growth Milan, marking its third listing in 2024 and the sixth overall on Euronext this year. The company specializes in industrial electrical and automation systems, … Read the full press release
(IN BRIEF) Plenitude, an Italian energy company specializing in renewable energy, has joined forces with BlueFloat Energy and Sener Renewable Investments to advance offshore wind projects in Spain. This partnership strengthens their existing consortium and creates a dominant player in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Italy, Spain
Tagged BlueFloat Energy, Carlos Martín, electric vehicle charging points, ENERGY, energy sales, energy services, Miguel Domingo, Offshore wind, offshore wind energy, onshore wind power, Parc Tramuntana, Parque Nordés, Parque Tarahal, Plenitude, renewable sources, Sener Renewable Investments, Solar PV, Spain, Stefano Goberti
(IN BRIEF) RWE’s agrivoltaics (Agri-PV) plant in Germany, which integrates power generation and agriculture, has commenced the supply of green electricity to the grid after a rapid five-month construction period. Located on approximately seven hectares of recultivated land near the … Read the full press release
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