Tag Archives: green transition

EIF Joins Forces with Alfa Framtak to Launch First-Ever Private Equity Fund Commitment in Iceland

(IN BRIEF) The European Investment Fund (EIF) has made its first-ever private equity fund investment in Iceland, committing €30 million to Alfa Framtak’s AF3 fund under the European Commission’s InvestEU programme. With a total first close of €145 million, AF3 … Read the full press release

EIB Joins LeapFrog to Drive Climate Innovation Across Africa and Asia with $60M Commitment

(IN BRIEF) The European Investment Bank has pledged $60 million to support LeapFrog Investments’ Climate Investment Strategy, a fund aiming to deploy $500 million for green technologies across Africa and Asia. Joined by partners such as IFC, Temasek, and SIFEM, … Read the full press release

New EBRD Facility Supports Ukraine’s Energy Security and War Recovery Through Loans and Grants to Businesses and Households

(IN BRIEF) The EBRD has extended a portfolio-risk-sharing facility to Raiffeisen Bank Ukraine to unlock €100 million in investments supporting Ukraine’s energy security. As the fourth Ukrainian bank to join the EBRD’s Energy Security Support Facility, RBU will issue loans … Read the full press release

Sweco AB Appoints Jan Allde as New CFO to Drive Strategic Growth Amid Europe’s Green Transition

(IN BRIEF) Sweco AB has appointed Jan Allde as its new CFO and member of its Executive Team, with his tenure beginning on 1 August 2025. He will replace Olof Stålnacke, who is set to leave the company during the … Read the full press release

KfW IPEX-Bank Delivers EUR 23.9 Billion in New Commitments as It Strengthens Economic Resilience for 2024

(IN BRIEF) In financial year 2024, KfW IPEX-Bank achieved remarkable success, with new commitments reaching EUR 23.9 billion—EUR 22.4 billion from original lending and EUR 1.5 billion for refinancing under CIRR programmes. This strong performance, which built on the record … Read the full press release

EBRD Extends €120 Million Loan to AFI Europe to Drive Sustainable Real Estate Growth in CEE

(IN BRIEF) The EBRD has provided a regional loan of up to €120 million to AFI Europe to fund its expansion in Serbia, Poland, Romania, and Czechia. The financing will support the development of AFI’s modern portfolio in central and … Read the full press release

EIB and Aragón Propel Green and Digital Transformation with €234 Million Loan

(IN BRIEF) The European Investment Bank has signed a €234 million loan agreement with the Aragón regional government in Spain, marking the first tranche of a €260 million financing package. The funds will co-finance various projects in Aragón—especially in the … Read the full press release

ANDRITZ Unveils BioCircleToZero: Pioneering a Sustainable Revolution in Wood Valorization

(IN BRIEF) ANDRITZ has launched BioCircleToZero, an innovative R&D program aimed at doubling the value derived from wood without increasing tree harvesting. Supported by Business Finland’s 10 million-euro grant and an additional 20 million euros for its partners, the initiative … Read the full press release

EIB Finalizes €405 Million Loan to Power Poland’s Energy Transition with Major Grid Upgrades

(IN BRIEF) The European Investment Bank has signed a loan agreement of 1.7 billion Polish zlotys (€405 million) with Orlen, which will finance major upgrades to Poland’s electricity network through its subsidiary, Energa Operator. This installment is the final tranche … Read the full press release

EIB Group Forum: President Calviño Unveils Bold Security and Innovation Investment Strategy

(IN BRIEF) The EIB Group Forum in Luxembourg gathered senior policymakers, business leaders, academics, and civil society representatives to discuss strategies for ensuring Europe’s prosperity, security, and global cooperation. President Nadia Calviño highlighted that every euro invested by the EIB … Read the full press release

BGFA’s Training Programme in Uganda Advances Skills, Gender Inclusion, and Off-Grid Energy Access

(IN BRIEF) The Beyond the Grid Fund for Africa (BGFA) has successfully completed its Job Creation and Skills Development sub-programme in Uganda, providing over 300 participants with training to enhance technical and business skills within the off-grid energy sector. This … Read the full press release

EIB Group Boosts Sweden’s Green Transition with €1.9 Billion Financing in 2024

(IN BRIEF) In 2024, Sweden received approximately €1.9 billion in financing from the European Investment Bank (EIB) Group, with over 65% directed toward climate and sustainability initiatives. This funding supported key projects in renewable energy, infrastructure, and digitalization, including wind … Read the full press release

Mark Meier to Lead Ramboll’s German Operations as Managing Director Starting May 2025

(IN BRIEF) Mark Meier will take over as Managing Director of Ramboll in Germany starting May 1, 2025. With two decades of leadership experience at BASF across various European markets, Meier brings expertise in strategic business development, innovation, and sales … Read the full press release

EIF Allocates €30 Million to Support Swedish SMEs in Green Transition through Impact Lending Fund

(IN BRIEF) The European Investment Fund (EIF) has committed up to 320 million Swedish kronor (about €30 million) to Swedish Impact Lending 1, a pioneering green-financing initiative targeting small and medium-sized enterprises (SMEs) in Sweden. Managed by Svenska Hållbarhetsfonden Förvaltnings … Read the full press release

Telefónica Earns 11th Consecutive Recognition in CDP’s ‘A List’ for Ongoing Climate Leadership

(IN BRIEF) Telefónica has been recognized for the eleventh consecutive year in CDP’s ‘A List’ for its leadership in climate action. The company has successfully reduced its operational emissions by 81% and its value chain emissions by 51%, achieving significant … Read the full press release

EIB Global Appoints Miha Švent as New Representative for Bosnia and Herzegovina to Strengthen Sustainable Development and EU Integration

(IN BRIEF) EIB Global has appointed Miha Švent as its new representative for Bosnia and Herzegovina, focusing on sustainable development, climate action, and energy security. The bank has already invested over €3.5 billion in strategic projects, strengthening BiH’s EU integration … Read the full press release

Ørsted Appoints Rasmus Errboe as CEO to Lead Through Renewable Energy Transformation

(IN BRIEF) Ørsted has announced Rasmus Errboe as its new Group President and CEO, effective February 1, 2025, following Mads Nipper’s decision to step down. The leadership change comes as Ørsted faces a rapidly evolving renewable energy market, particularly in … Read the full press release

Samotics Secures €20 Million EIB Financing to Accelerate AI-Driven Energy Efficiency and Reliability Solutions

(IN BRIEF) Samotics, a leading Dutch company in electrical data analytics, has secured €20 million in financing from the European Investment Bank (EIB) to accelerate its research and development on AI-driven technology designed to enhance the reliability and energy efficiency … Read the full press release

ANDRITZ Partners with Ekolution to Boost Production of Eco-Friendly Hemp Materials at New Swedish Facility

(IN BRIEF) ANDRITZ has commissioned an advanced teXline bast fiber line at Ekolution’s new facility in Malmö, Sweden, designed to boost production of environmentally friendly hemp fibers and nonwoven felts. The equipment will process industrial hemp through decortication and refining, … Read the full press release

EIB Vice-President Visits Trifyl’s Facility to Celebrate Success in Circular Economy and Green Transition

(IN BRIEF) EIB Vice-President Ambroise Fayolle visited Trifyl’s headquarters in southern France to tour its advanced waste sorting facility. The EIB’s €40 million loan helped Trifyl complete its Horizon 2030 project, enabling the recycling of 80% of household waste, reducing … Read the full press release