(IN BRIEF) Nefco has signed a EUR 5 million loan agreement with Merus Power to support the Finnish company’s international expansion in electrical energy storage and power quality systems. As Europe increases its reliance on renewable energy, demand for storage … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, News, Technology
Tagged clean tech financing, CO2 reduction, EIF, electrical energy storage, EU renewable energy targets, European energy markets, European Investment Fund, Finland, grid stability, Helena Lähteenmäki, international expansion, Kari Tuomala, Merus Power, NEFCO, Nefco and EIF Support Growth of Finnish Clean-Tech Leader Merus Power Through New Loan for European Market Expansion, Nordic Green Bank, power quality solutions, renewable energy integration
(IN BRIEF) BNP Paribas and the European Investment Bank (EIB) have announced a partnership to inject up to €8 billion into the European wind energy sector. With a €500 million counter-guarantee from the EIB, BNP Paribas will back wind farm … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Alain Papiasse, Ambroise Fayolle, BNP Paribas, corporate banking, EIB, Energy Independence, energy transition, EU, EU renewable energy targets, European Investment Bank, European Wind Power Package, grid interconnections, industrial competitiveness, INNOVATION, InvestEU, investments, low-carbon economic model, low-carbon energy, net-zero emissions, partnership, renewable energy, supply chain efficiency, sustainability, sustainable energy, wind energy, wind farms, Yannick Jung, €8 billion
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