(IN BRIEF) The EIB has provided Iberdrola with two €25 million loans—half from its own funds and half via Spain’s Regional Resilience Fund—to back il·lumina, the utility’s project to reconstruct and future‑proof the Valencia distribution grid damaged in the 2024 floods. … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Marketing, News, Spain, Technology
Tagged climate resilience, digitalisation, EIB, energy security, European Investment Bank, Iberdrola, il·lumina, Ministry of Economy Trade and Enterprise, NextGenerationEU, partnership, power distribution grid, reconstruction, Recovery Transformation and Resilience Plan, Regional Resilience Fund, renewable integration, REPowerEU, smart transformers, substations, sustainability, underground cables, Valencia floods 2024, €50 million loans
(IN BRIEF) The European Investment Bank (EIB) has approved a €264 million loan to Snam to construct 240 km of new pipelines aimed at integrating biomethane production into Italy’s national gas transmission system. The initial €140 million tranche has been … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, Marketing, News, Technology
Tagged Agostino Scornajenchi, biomethane, EIB, energy diversification, energy infrastructure, energy security, EU taxonomy, European Investment Bank, gas transmission, Gelsomina Vigliotti, green transition, Italy, NRRP, partnership, renewable energy, REPowerEU, Snam, sustainability, Sustainable Finance
(IN BRIEF) The UK has increased strike‑price caps for its AR7 CfD auction to £113/MWh for fixed‑bottom offshore wind, £271/MWh for floating offshore wind, and £92/MWh for onshore and remote island wind, all indexed to 2024 prices. WindEurope director Viktoriya … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged 2024 prices, 20‑year CfDs, 7 August application window, AR7 CfD auction, budget publication, competitiveness, energy security, fixed‑bottom offshore wind, floating offshore wind, floating wind pot, long‑term auction schedule, onshore wind, partnership, remote island wind, strike‑price caps, supply chain planning, sustainability, UK Government, Viktoriya Kerelska, WindEurope, £53 billion investment
(IN BRIEF) RWE has obtained NSIP approval for the 180 MW (AC) Byers Gill Solar Farm and its equal‑sized battery storage installation near Stockton and Darlington, pending a final investment decision. The co‑located project will store solar energy for dispatch during peak … Read the full press release
Posted in Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, United Kingdom
Tagged Adam Swarbrick, battery storage, biodiversity gains, Byers Gill Solar Farm, Darlington, energy security, Langford solar site, low‑carbon electricity, North East England, NSIPs planning regime, RWE, Stockton, UK solar pipeline, wildlife habitats
(IN BRIEF) At the Ukraine Recovery Conference in Rome (10–11 July 2025), the EBRD will present a comprehensive €410 million financing package for urban development and sustainable tourism via the Ukraine FIRST Cooperation Fund, co-managed with the EIB. Funds flow … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, Marketing, News, Technology, United Kingdom
Tagged affordable housing, Arcano Partners, Buenavista Infrastructure, capital markets, distributed generation, EBRD, energy security, European Investment Bank, geological data digitalisation, graphite development, human capital resilience, IFC, municipal finance, NextGenerationEU, Odile Renaud-Basso, partnership, Regional Resilience Fund, renewables, risk sharing facility, Rome URC, stock exchange MoU, sustainable tourism, tech fund, Ukraine FIRST Cooperation Fund, Ukraine Recovery Conference, urban development, Yuliia Svyrydenko
(IN BRIEF) Eneco will extend the lifespans of its two gas-fired cogeneration plants in Utrecht to support the local grid under a three- to nine-year agreement with TenneT and Stedin. Facing maximum capacity and projected overloads by winter 2026–2027, Utrecht’s … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Netherlands, News, Technology
Tagged adjustable capacity, cogeneration, district heating, Eneco, energy security, flexible generation, gas-fired power plants, grid congestion, grid upgrades, Kees-Jan Rameau, Maarten Abbenhuis, partnership, peak demand, Stedin, sustainability, Tennet, Utrecht
(IN BRIEF) AFRY is serving as lenders’ technical advisor for Terra Solar Philippines Inc.’s 3,500 MWp solar and 4,500 MWh battery storage project—the largest globally. Backed by Meralco’s MGreen and financed by six banks, the facility spans Nueva Ecija and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Sweden, Technology
Tagged 3, 500 MWh battery storage, 500 MWp solar, AFRY, Bulacan, carbon emissions reduction, construction monitoring, energy security, financing due diligence, grid stability, Lender's Technical Advisor, LTA, Meralco, MGreen, Nueva Ecija, operations & maintenance, partnership, Petteri Härkki, Terra Solar Philippines, £4
(IN BRIEF) As of 1 July 2025, the ORLEN Group has fully phased out Russian crude oil following the expiry of its last Rosneft contract, marking a key milestone in regional energy security. Under CEO Ireneusz Fąfara’s leadership, ORLEN’s refineries … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Poland, Technology
Tagged Czech Republic, Druzhba pipeline, energy diversification, energy security, global crude sourcing, Ireneusz Fąfara, Kralupy refinery, Lithuania, Litvínov refinery, non-Russian feedstock, ORLEN Group, partnership, Poland, Rosneft contract expiry, Russian crude elimination, strategic infrastructure upgrades, sustainability, Transalpine Pipeline TAL, transmission system operators
(IN BRIEF) EU Finance Ministers, acting as shareholders of the EIB Group, have endorsed a record €100 billion 2025 financing ceiling, boosting defence lending to 3.5 percent of the total and dedicating over €11 billion to grid and storage investments. … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Technology
Tagged Clean Industrial Deal, cleantech instruments, CleantechEU, counter-guarantees, defence financing, EIB Group, EIF guarantees, energy security, energy storage, EU Member States, European Investment Bank, European Investment Fund, financing ceiling, global partnerships, Katja Pluto, Nadia Calviño, NATO, power grids, PPAs, Rūdninkai military base, solar photovoltaics, TechEU, Temenuzhka Petkova, Ukraine trade, water infrastructure, wind turbine manufacturers, Zbyněk Stanjura
(IN BRIEF) Wood and its JV partner Tendrill have secured a five-year contract—with a two-year extension option—to provide comprehensive brownfield EPC services for Brunei Shell Petroleum’s offshore and onshore facilities. The agreement entrusts the TendrillWood JV with full-cycle project delivery, … 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 2023 joint venture, brownfield EPC services, Brunei Shell Petroleum, BSP, capacity building, commissioning, conceptual design, energy security, Haryati Ramlee, John Wood Group PLC, Ken Gilmartin, local content, Local Talent Development, offshore assets, onshore assets, partnership, start-up, supply chain, sustainability, Tendrill International Sdn. Bhd, TendrillWood JV, Wood
(IN BRIEF) Wood has been awarded a $2.8 billion EPCm contract by ADNOC to upgrade and expand processing at the Habshan and Habshan 5 gas complexes in the UAE, with around $400 million attributable to EPCm services. The scope involves … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged $2.8 billion contract, Abu Dhabi, ADNOC, brownfield modifications, debottlenecking, energy security, EPCM services, front-end engineering design, gas throughput, Habshan 5, Habshan gas processing complex, John Wood Group PLC, Ken Gilmartin, partnership, Rich Gas Development, sustainability, Wood
(IN BRIEF) MOL Group and SOCAR have signed key terms for an exploration, development, and production sharing agreement covering Azerbaijan’s Shamakhi-Gobustan regions, reinforcing their strategic energy partnership. MOL is expected to act as operator with a 65% share, while SOCAR … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged ACG field, Azerbaijan, Baku Energy Forum, BTC pipeline, Central Europe energy, energy security, Hungarian-Azerbaijani relations, hydrocarbon development, INA Rijeka, MOL Group, MOL refineries, onshore oil exploration, partnership, production sharing agreement, Rovshan Najaf, Shamakhi-Gobustan, Slovnaft Bratislava, SOCAR, strategic partnership, sustainability, upstream oil, Zsolt Hernádi
(IN BRIEF) TotalEnergies and RGE have announced a major renewable energy project in Indonesia, where their joint venture, Singa Renewables, has received a conditional licence from Singapore’s Energy Market Authority (EMA) to import 1 GW of clean power. The project, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged ASEAN, Battery Energy Storage System, clean firm power, decarbonization, electricity import, EMA, energy security, energy transition, Helle Kristoffersen, hybrid renewable power plant, Imelda Tanoto, Indonesia, partnership, renewable energy, RGE, Riau Province, Singa Renewables, Singapore, Singapore Energy Market Authority, solar farm, subsea interconnector, sustainability, sustainable development, TotalEnergies
(IN BRIEF) Centrica Energy is opening its first US office in New York, marking the company’s entry into North America’s gas optimisation market. Following its entry into power markets in 2024, Centrica Energy plans to build a comprehensive gas, power, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged Cassim Mangerah, Centrica Energy, Chris O’Shea, decarbonisation, energy optimisation, energy security, energy trading, energy transition, gas optimisation, gas trading, global energy markets, LNG, natural gas, New York, North America, partnership, power markets, Power Systems, sustainability, trading capabilities, US energy market
(IN BRIEF) ABB has launched its Battery Energy Storage Systems-as-a-Service to provide businesses with a flexible, zero-CapEx solution for energy storage. This service, designed for various industries, enables companies to adopt advanced energy solutions without large capital investments, ensuring immediate … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, battery energy storage, BESS-as-a-Service, clean energy, commercial buildings, data centers, decarbonization, energy efficiency, energy security, energy storage, energy trading, net zero, operational expenditure, sustainability
(IN BRIEF) The EBRD has announced that its 35th Annual Meeting will be held in Riga, Latvia, from June 5 to 7, 2026. The event, expected to attract over 2,000 participants, will feature a comprehensive programme, including discussions on investment … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Latvia
Tagged Annual Meeting, Arvils Aseradens, Business Forum, Donors’ Meeting, EBRD, EBRD Governor, energy efficiency, energy security, export competitiveness, financial sector, institutional investment, investment destination, Kazuhiko Koguchi, Latvia, Latvia investment climate, partnership, Riga
(IN BRIEF) KfW’s 2024 international business performance shows a stable level of EUR 34.2 billion, with a continued focus on climate protection, biodiversity, and geostrategic objectives. Through its subsidiaries, KfW supports projects aligned with Germany and Europe’s economic and geopolitical … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged biodiversity, Christiane Laibach, climate financing, development, emerging economies, energy security, Environment, EU, Germany, Global Gateway, high-risk markets, international financing, investment, KfW, partnership, raw material security, sustainable development, sustainabulity
(IN BRIEF) Euronext has introduced a series of initiatives focused on enhancing Europe’s strategic autonomy in energy, defense, and technology. These initiatives include the launch of thematic indices targeting energy security, aerospace, defense, and strategic autonomy. Additionally, Euronext is updating … Read the full press release
Posted in Belgium, Business, Defence, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, International Trade, Investment, Ireland, Italy, Management, Marketing, Netherlands, News, Norway, Portugal, Technology
Tagged aerospace, CAC 40 ESG, Defense, energy security, ESG indices, Euronext, European autonomy, European defense bonds, financing, funding solutions, growth hub, MIB ESG, military reserves, partnership, strategic autonomy, sustainabulity
(IN BRIEF) VTTI and Höegh Evi have launched the permitting process for the Zeeland Energy Terminal (ZET), a key project for enhancing the Netherlands’ energy infrastructure. The Ministry of Climate and Green Growth (KGG) has issued the Notification of Intent … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Norway, Technology
Tagged 2028/2029, economic growth, Eemshaven, energy security, floating storage and regasification unit, FSRU, Höegh Evi, KGG, LNG import capacity, Ministry of Climate and Green Growth, Netherlands, partnership, permitting process, Q4 2025, Rotterdam, stakeholder engagement, sustainability, VTTI, Zeeland, Zeeland Energy Terminal, ZET
(IN BRIEF) INEOS and Covestro have entered into a long-term natural gas supply agreement lasting up to eight years, ensuring stable and predictable energy for Covestro’s European operations. The agreement, set to begin in 2027, supports both companies’ goals to … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Covestro, David Bucknall, energy challenges, energy costs, energy security, energy supply, energy transition, EU manufacturing, European Industry, feedstock, industrial competitiveness, INEOS, LNG, long-term agreement, natural gas, sustainable energy, Thorsten Dreier
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