(IN BRIEF) EDF has partnered with Terra Firma Energy to optimise its 5MW Droitwich flexible generation plant and manage all of the company’s operational assets across the UK. Through EDF’s Powershift optimisation platform and market trading expertise, the partnership will … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, News, Technology, United Kingdom
Tagged ancillary services, Balancing Mechanism, Droitwich, EDF, EDF and Terra Firma Energy partner to enhance portfolio performance and grid flexibility across the UK, EDF partners with Terra Firma Energy to optimise 5MW Droitwich plant and manage full UK asset portfolio, energy optimisation, energy security, flexible generation, grid flexibility, low carbon transition, Powershift platform, renewable integration, Stuart Fenner, Terra Firma Energy, UK power system, wholesale energy market, Zach Dodds-Brown
(IN BRIEF) The European Investment Bank (EIB) has signed a €25.9 million green financing agreement with Iberdrola for the construction of the 22.5 MW Gatza wind farm in central Greece. The financing package includes €10 million from EIB resources and … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, European Union, Financial, Greece, Industrial, Investment, Luxembourg, News, Spain, Technology
Tagged climate goals, Cyprus, EIB, EIB provides €25.9 million in green financing for Iberdrola’s Gatza wind farm in Greece, EIB signs €25.9 million green financing with Iberdrola to develop Gatza wind farm in Greece, electrification, energy security, EU energy transition, European Investment Bank, Fthiotida, Gatza wind farm, Greece, green financing, Iberdrola, Recovery and Resilience Fund, renewable energy, Rokas, sustainability, Viotia, wind power, €25.9 million financing for Gatza wind farm consolidates Iberdrola’s renewable leadership in Greece
(IN BRIEF) The European Investment Bank (EIB) and Intesa Sanpaolo have announced two financing operations worth €750 million to accelerate renewable energy development and strengthen Europe’s wind sector. A €500 million framework loan will support solar, wind, bioenergy, and storage … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, European Union, Financial, Industrial, Investment, Italy, Luxembourg, News, Technology
Tagged 2GW renewable capacity, bioenergy, clean electricity, Cohesion Regions, COP28, decarbonisation, EIB, EIB and Intesa Sanpaolo partner to unlock billions in renewable energy investment across Europe, energy security, energy transition, European Investment Bank, Gelsomina Vigliotti, Intesa Sanpaolo, InvestEU, Italy, job creation, Mauro Micillo, Public-private partnership powers Europe’s energy transition with major renewable investment push, renewable energy, REPowerEU, solar energy, Storage, Wind Package, wind power, €750 million partnership between EIB and Intesa Sanpaolo to accelerate renewable growth and secure Europe’s energy future
(IN BRIEF) Shell UK has begun production at the Victory gas field in the North Sea, located northwest of the Shetland Islands. The field, operated via a single subsea well connected to existing pipelines, will deliver gas to the Shetland … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, News, United Kingdom
Tagged Adura, domestic energy, energy security, Equinor, natural gas, North Sea, operational emissions, Peterhead, pipeline network, Renewable Transition, Shell UK, Shell UK begins production from Victory gas field to support domestic energy supply, Shell UK launches North Sea Victory gas project to help power nearly 900000 homes, Shell UK starts Victory gas field production to enhance domestic supply and energy security, Shetland Gas Plant, Shetland Islands, Simon Roddy, St Fergus, subsea well, UK gas supply, UK North Sea production, Victory gas field
(IN BRIEF) The European Investment Bank (EIB) Group has adopted the second phase of its Climate Bank Roadmap, setting priorities through 2030 that focus on boosting competitiveness, ensuring energy security, and cutting costs for households and companies. The plan doubles … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, European Union, Financial, Industrial, Investment, Luxembourg, News, Small Business, Technology
Tagged climate adaptation, Climate Bank Roadmap, competitiveness, Corporate Sustainability Reporting Directive, CSRD, decarbonisation, EIB, EIB commits €30 billion to climate adaptation and boosts SME support in next stage of Climate Bank Roadmap, EIB doubles climate adaptation funding and simplifies access to finance under new Climate Bank Roadmap phase, energy security, energy security and affordability, EU climate goals, European Investment Bank, green transition, Nadia Calviño, renewable energy, REPowerEU, Second phase of EIB Climate Bank Roadmap prioritises competitiveness, SMEs, Sustainable Finance, TechEU
(IN BRIEF) Vitol has acquired a 30 percent stake in the Baleine offshore project in Côte d’Ivoire from Eni, joining Petroci in a partnership that underscores the project’s national and regional importance. Now structured as Eni 47.25 percent, Vitol 30 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland
Tagged Africa’s first net-zero development, Baleine project, Block 4 Ghana, Cote d’Ivoire, energy security, Eni, gas production, net-zero development, OCTP project, offshore development, oil production, PetroCi, Phase 3 expansion, sustainability, upstream energy, Vitol, Vitol acquires 30 percent stake in Côte d’Ivoire’s Baleine offshore project, Vitol expands upstream presence with acquisition in Côte d’Ivoire’s flagship Baleine oil and gas project, West Africa
(IN BRIEF) MOL and O&GD have discovered a new oil deposit near Galgahévíz, Hungary, with the Galgahévíz-4 well producing around 1,000 barrels of oil per day. The project, drilled by Rotary Zrt., strengthens Hungary’s energy independence and reflects MOL’s commitment … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged Algyő field, Danube Refinery, Dr György Bacsa, energy security, energy storage, Galgahévíz, Galgahévíz-4, Hungarian natural gas, Hungarian oil production, Hungary, hydrocarbon exploration, Mogyoród concession, MOL, MOL and O&GD announce oil discovery near Galgahévíz as Hungary marks 60 years of Algyő field, MOL expands Hungarian energy portfolio with new oil discovery and renewable investment at Algyő, O&GD, partnership, renewable energy, Rotary Zrt, shallow gas program, SHAPE TOMORROW strategy, solar park, sustainability
(IN BRIEF) The European Investment Bank (EIB) Group has appointed Aimilia Pistrika as Head of its Nicosia Office, effective September 1. She succeeds Antonis Papageorgiou, who had served on an interim basis since the office’s inauguration in November by President … Read the full press release
Posted in Banks, Business, Cyprus, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged Aimilia Pistrika, Antonis Papageorgiou, appointment, blue economy, civil engineering, climate finance, climate resilience, Cyprus, EIB Group, energy security, European Investment Bank, Kyriacos Kakouris, leadership, Nadia Calviño, Nicosia Office, partnership, public-sector modernization, sustainable infrastructure, water management
(IN BRIEF) Webuild’s construction of the Rogun Dam in Tajikistan has reached a crucial stage, with the dam’s crest approaching 1,110 metres above sea level. President Emomalī Rahmon visited the site with senior officials to highlight the project’s importance in … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, Marketing, News, Technology
Tagged Central Asia, Emomali Rahmon, energy security, ENR Engineering News Record, Global Infrastructure, Grand Ethiopian Renaissance Dam, hydroelectric projects, OJSC Rogun HPP, partnership, Qohir Rasulzoda, renewable energy, Rogun Dam, Snowy 2.0, sustainability, sustainable energy, Tajikistan, water infrastructure, Webuild
(IN BRIEF) SEB Asset Management has launched the SEB European Defence & Security Fund, targeting companies in defence, cybersecurity, energy, technology, raw materials, and infrastructure to strengthen Europe’s resilience and self-sufficiency. The actively managed fund will hold 30–50 stocks, with … Read the full press release
Posted in Banks, Defence, Financial, Investment, Management, Security & Safety, Sweden
Tagged Alexander Winberg, Cybersecurity, defence investment, energy security, European Resilience, Fundamental Equity team, infrastructure, Javiera Ragnartz, Johan Söderström, long-term investment, NATO, OECD, Pavel Lupandin, portfolio management, raw materials, Robert Vicsai, SEB, SEB Asset Management, SEB European Defence & Security Fund, Taiwan, technology, thematic fund, unit-linked insurance
(IN BRIEF) Wood has secured a $50 million, two-year extension to its maintenance services contract at Ampol’s Lytton refinery in Brisbane, Australia. The agreement includes maintenance management, technical services, brownfield modifications, and the introduction of Wood’s AI-powered maintAI platform to … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged AI-powered maintenance, Ampol, Asia Pacific operations, Australia, Australian fuel production, Brisbane, brownfield modifications, crude oil processing, digital maintenance technology, energy security, Lytton refinery, maintAI, maintenance management, partnership, Ralph Ellis, refinery optimisation, technical services, Wood
(IN BRIEF) EDF Energy Customers Ltd has acquired the remaining 47% of Pod Point, making the EV charger company a wholly owned, private subsidiary. The deal, finalised on 4 August 2025, supports EDF’s push to enhance UK energy security and … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, News, Technology, United Kingdom
Tagged delisting, EDF Energy Customers Ltd, EDF renewable generation, electric vehicle charging, electrification, energy security, full acquisition, Go Electric tariff, low carbon solutions, Melanie Lane, nuclear, Philippe Commaret, Pod Drive subscription, Pod Point Group Holdings PLC, smart charging, Solo 3S charger, UK EV market, zero-carbon electricity
(IN BRIEF) Sunly will build four solar parks in Latvia totaling 329 MW capacity—54 MW in Valmiera, 90 MW in Krāslava, 81 MW in Madona, and 104 MW in Saldus—using €85 million in loans from EIB, EBRD, and SEB. Completion … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Latvia, Luxembourg, Management, Marketing, News, Technology, United Kingdom
Tagged 329 MW, Barkava, battery storage systems, Climate Action, Dagda, EBRD, EIB, energy security, European Bank for Reconstruction and Development, European Investment Bank, Grzegorz Zieliński, hybrid renewable energy, Ints Krasts, InvestEU, Latvia, Matīši, non-recourse financing, partnership, SEB, solar parks, Sunly, sustainability, Thomas Östros, Toms Nāburgs, wind integration, Zirņi
(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
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