(IN BRIEF) RWE has secured a 30-year electricity production licence for the Thor offshore wind farm, marking a significant milestone for Denmark’s largest offshore wind project. With an installed capacity of 1.1 gigawatts, Thor is expected to supply renewable electricity … Read the full press release
Posted in Denmark, Energy, Gas & Oil, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged climate goals, Danish Energy Agency, Denmark, electricity production licence, energy security, Jutland, Norges Bank Investment Management, Offshore wind, offshore wind construction, Port of Esbjerg, renewable energy, RWE, RWE Advances Thor Offshore Wind Farm with 30-Year Electricity Production Approval, RWE Moves Denmark’s Largest Offshore Wind Project Forward with Production Licence, RWE Renewables Denmark, Thor offshore wind farm, wind turbines
(IN BRIEF) Intesa Sanpaolo, through its IMI Corporate & Investment Banking Division, is strengthening its role as a strategic partner for UK infrastructure by supporting major projects across energy, construction, ports, and the energy transition. Recent financings for National Grid … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, United Kingdom
Tagged carbon capture storage, construction sector financing, ecological transition, energy security, energy transition projects, IMI Corporate and Investment Banking, Industrial Growth, Intesa Sanpaolo, Intesa Sanpaolo Reinforces Commitment to UK Infrastructure with Major Energy Grid Financings, Liverpool Bay CO2 project, National Gas, national grid, ports infrastructure, sustainable infrastructure, UK infrastructure financing
(IN BRIEF) Eni has signed a binding agreement with SOCAR for the sale of a 10 percent stake in the Baleine offshore project in Côte d’Ivoire, while retaining operatorship and a 47.25 percent interest. The transaction aligns with Eni’s dual … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Investment, Italy
Tagged African energy projects, Baleine project, Côte d’Ivoire offshore, dual exploration model, energy security, Eni, Eni Advances Upstream Strategy Through Baleine Stake Sale to SOCAR, Eni Sells 10 Percent Stake in Baleine Offshore Project to SOCAR, Ivorian energy supply, net zero emissions development, offshore production, oil and gas divestment, PetroCi, Phase 3 production, SOCAR, strategic partnership, upstream oil and gas, Vitol
(IN BRIEF) Skanska has signed a SEK 500 million contract with Svenska kraftnät to expand the electricity grid in western Stockholm through the installation of a new 10-kilometer-long 400 kV cable connection between Kronåsen and Råcksta. The project is part … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, News, Sweden
Tagged 400 kV connection, BREEAM Infrastructure, electricity supply, energy security, Grid Expansion, high voltage transmission, Kronåsen, Nordic infrastructure, power infrastructure, Råcksta, Skanska, Skanska Secures Major Power Infrastructure Project Supporting Stockholm’s Future Electricity Supply, Skanska Sweden, Stockholm electricity grid, sustainable infrastructure, Svenska kraftnät
(IN BRIEF) Iberdrola, via its US subsidiary Avangrid, has commissioned the New England Clean Energy Connect transmission line, a 233-kilometer project delivering hydroelectric power from Quebec to New England. With a capacity of 1,200 MW, the $1.65 billion infrastructure strengthens … Read the full press release
Posted in News
Tagged AVANGRID, Avangrid Completes Strategic NECEC Transmission Line to Boost Grid Reliability and Clean Energy in New England, clean energy transition, cross-border energy, electrification, energy security, Grid Reliability, HVDC technology, hydroelectric power, Iberdrola, Massachusetts, NECEC, New England, New England Clean Energy Connect, Québec, renewable energy, Statcom, transmission infrastructure
(IN BRIEF) ORLEN delivered more than 245,000 tonnes of small-scale LNG to customers in 2025, reinforcing its strong position in the Polish market and its growing presence in the Baltic region. Supplied from the Świnoujście terminal, the Klaipėda reloading facility … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, Management, Poland, Technology
Tagged Baltic states energy, energy security, energy transition, gas infrastructure, gas trading, Grodzisk Wielkopolski, Grzegorz Bujnowski, industrial gas customers, Klaipėda LNG terminal, liquefied natural gas, LNG deliveries 2025, LNG road transport, Odolanów LNG, off grid gas supply, ORLEN, ORLEN Expands LNG Deliveries Across Poland and the Baltic Region in 2025, ORLEN Scales Up Small-Scale LNG Supplies to Support Energy Security and Transition, small scale LNG, Świnoujście LNG terminal
(IN BRIEF) The European Investment Bank has granted WEMAG a €220 million loan to finance the expansion and modernization of electricity grid infrastructure in West Mecklenburg. Covering more than one-third of WEMAG’s planned investments over the next four years, the … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Technology
Tagged battery storage, Caspar Baumgart, EIB, electricity grid expansion, energy security, energy transition Germany, European Investment Bank, grid modernization, Manuela Schwesig, Nicola Beer, Renewable Energy Infrastructure, REPowerEU, Thomas Murche, WEMAG, WEMAG Secures Major EIB Financing to Modernize Renewable Power Grid Infrastructure, West Mecklenburg
(IN BRIEF) Heysham 2 power station in Lancashire has become the UK’s most productive nuclear facility after generating nearly 311TWh of electricity since 1988, overtaking Hinkley Point B. Operated by EDF, the station has provided decades of reliable low-carbon power, … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, News, Technology, United Kingdom
Tagged Advanced Gas-Cooled Reactor, decarbonisation, EDF, energy security, Heysham 2 power station, Heysham 2 Sets New UK Nuclear Generation Record After 37 Years of Operation, Lancashire, low-carbon electricity, nuclear power generation, UK nuclear energy
(IN BRIEF) Fortum’s Loviisa Nuclear Power Plant produced 7.9 TWh of electricity in 2025, covering roughly 10% of Finland’s electricity consumption and achieving an overall availability rate of 89.4%. While production remained at a strong level, output was slightly impacted … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Investment, Management, News
Tagged electricity generation, energy security, Finland electricity production, Fortum, Fortum’s Loviisa Nuclear Power Plant Supplies 10% of Finland’s Electricity in 2025, infrastructure investment, long term operating license, Loviisa Nuclear Power Plant, modernisation programme, nuclear energy, plant availability, regional employment, Sasu Valkamo, turbine upgrades, Westinghouse nuclear fuel
(IN BRIEF) Cabo Verde has inaugurated new wind turbines and a major battery storage system as part of the expansion of the long-established Cabeólica renewable energy project. Supported by more than €39 million in new financing from the European Investment … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Infrastructure & Utilities, Investment, Luxembourg, News
Tagged AfDB, African Development Bank, Ambroise Fayolle, Ayotunde Anjorin, battery storage, Cabeólica, Cabo Verde, clean electricity, EIB, EIB Global, energy security, energy transition, EU guarantees, European Investment Bank, Global Gateway initiative, Public Private Partnership, renewable energy, Santiago, sub-Saharan Africa, Sylvie Millot, Upgraded Cabeólica Wind and Storage Facilities Strengthen Cabo Verde’s Energy Security and Reduce Dependence on Fossil Imports, Vestas, Wale Shonibare, wind farm expansion, wind power, WinPower
(IN BRIEF) The European Investment Bank has committed €600 million to the 390 MW BC-Wind offshore wind farm developed by Ocean Winds, becoming the project’s largest lender and reinforcing its deep involvement in Poland’s renewable energy expansion. Scheduled to begin … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Infrastructure & Utilities, Investment, Luxembourg, News, Poland
Tagged 15 MW turbines, 26 turbines, 390 MW offshore wind farm, Baltic Sea, Baltica 2, Baltyk 2, Baltyk 3, Bautista Rodriguez, BC Wind, clean electricity, EDPR, EIB, energy security, ENGIE, European Investment Bank, InvestEU, Major Offshore Investment by EIB Supports BC-Wind Construction and Reinforces Poland’s Growing Baltic Wind Industry, Ocean Winds, offshore wind financing, Poland energy transition, Poland renewable energy, REPowerEU, TechEU, Teresa Czerwinska, €2 billion financing, €600 million loan
(IN BRIEF) Wood has secured a new contract with PetroChina to deliver project management, engineering and EPC services at the West Qurna 1 oilfield in southern Iraq, reinforcing more than a decade of collaboration at one of the world’s most … Read the full press release
Posted in Energy, Gas & Oil, Industrial, News, Technology, United Kingdom
Tagged Basra, consulting and engineering, Ellis Renforth, energy security, engineering services, EPC projects, global expertise, Iraq energy sector, local workforce, Middle East operations, oilfield development, PetroChina, PetroChina Extends Partnership with Wood for Project Management and Engineering at Major West Qurna 1 Field, project management, West Qurna 1, Wood
(IN BRIEF) ORLEN has secured a crucial environmental approval for its Baltic East offshore wind farm, positioning the 1 GW project to compete in Poland’s first offshore wind auction this December. The decision from RDOŚ enables ORLEN to finalize permits, … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, Poland, Technology
Tagged 1 GW renewable capacity, Baltic East Greenlit: ORLEN Takes Major Step Toward 1 GW Offshore Wind Farm and Polish Supplier Integration, Baltic East offshore wind, Baltic Power, Baltic West, CfD support scheme, clean electricity Europe, energy security, environmental decision Gdańsk RDOŚ, Ireneusz Fąfara, Janusz Bil, offshore wind permitting, ORLEN, ORLEN Neptun, Poland offshore wind auction, Polish suppliers, renewable energy Poland
(IN BRIEF) The European Investment Bank (EIB) has released €100 million to support Ukraine’s wartime resilience, focusing on economic stability and municipal heating infrastructure. Of this, €70 million will go to Ukrgasbank to provide long-term loans for businesses and promote … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News, Ukraine
Tagged district heating, economic resilience, EIB, energy efficiency, energy security, EU for Ukraine Fund, European Commission, European Investment Bank, European Investment Bank delivers €100 million boost to Ukraine’s economic resilience and heating infrastructure amid war, European Union, green transition, Marta Kos, Naftogaz, reconstruction, renewable energy, Rodion Morozov, Team Europe, Teresa Czerwinska, UKRAINE, Ukraine Facility, Ukraine Investment Framework, Ukreximbank, Ukrgasbank, Viktor Ponomarenko, war recovery
(IN BRIEF) RWE is preparing to build an 850 MW hydrogen-compatible combined cycle power plant at its former Voerde site in Germany, supporting the country’s coal phase-out and long-term energy security. The German government’s upcoming framework for hydrogen-compatible gas plant … Read the full press release
Posted in Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Investment, News
Tagged clean energy, Coal Phase-Out, combined cycle plant, decarbonisation, energy security, energy transition, GE Vernova, German government, Germany, GREEN HYDROGEN, Hydrogen Core Network, hydrogen energy, hydrogen-compatible power plant, hydrogen-ready technology, Nikolaus Valerius, renewable energy, RWE, RWE Advances Plans for Hydrogen-Ready Power Plant in Voerde to Support Germany’s Energy Transition, RWE Generation SE, sustainable infrastructure, Técnicas Reunidas, Voerde
(IN BRIEF) The European Investment Bank (EIB) is lending €40 million to Sweden’s Meva Energy AB to accelerate the rollout of its modular, biomass-based gasification plants across Europe. The company’s innovative system converts agricultural and industrial biomass residues into renewable, … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News, Sweden, Technology
Tagged biochar, bioeconomy, biogas, biomass gasification, circular economy, Clean Industrial Deal, climate-neutral technology, decarbonisation, EIB, Elcowire Group, energy security, European Investment Bank, fossil-free manufacturing, green transition, IKEA, industrial energy, InvestEU, Karl Nehammer, Meva Energy, Meva Energy Secures EIB Financing to Scale Climate-Neutral Gasification Technology Across Europe, Net-Zero Industry Act, Niclas Davidsson, renewable energy, REPowerEU, Sofidel, Sweden
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is lending €79.5 million to Ignitis Group as part of a €318 million financing consortium that includes the EIB, Swedbank, and NIB to fund the 314 MW Kelmė wind farm … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Lithuania
Tagged 5 GW target, Baltic region, clean power, climate goals, EBRD, EBRD Backs Ignitis Group with €79.5 Million Loan to Build the Baltic Region’s Largest Onshore Wind Farm, Energy Independence, energy security, EU Energy Policy, European Investment Bank, green transition, Ignitis Group, Kelmė wind farm, Lithuania, Lithuanian households, Nordic Investment Bank, onshore wind, renewable energy, Sustainable Finance, sustainable infrastructure, Swedbank, zero-carbon electricity
(IN BRIEF) Egis in the UK has been appointed to the UK government’s Defra Nuclear Energy Regulatory Justification Services Framework, becoming an approved provider of technical expertise to assess the environmental and social impacts of new nuclear technologies. Leveraging decades … Read the full press release
Posted in Business, Energy, Gas & Oil, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged AMR, Defra, Egis, Egis Appointed by UK Government to Provide Expert Assessment for Emerging Nuclear Technologies, Egis Appointed to Defra Framework to Guide Safe and Sustainable Development of New Nuclear Technologies, energy security, energy transition, engineering consultancy, environmental assessment, fusion energy, Hinkley Point C, infrastructure, Joanne Moran, net zero, nuclear energy, nuclear innovation, nuclear justification, Regulatory framework, Sizewell C, SMR, sustainability, UK Government, UK nuclear sector
(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
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