(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
Posted in Banks, Bosnia and Herzegovina, Business, Economy, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged appointment, Bosnia and Herzegovina, Climate Action, Corridor Vc, EIB Global, energy security, EU accession, EU funds, EU Growth Plan, EU market integration, European Investment Bank, green transition, Herzegovina Bridge, investment, leadership, market competitiveness, Miha Švent, project management, public infrastructure financing, Public-Private Partnerships, Robert de Groot, Sandrine Friscia, Sarajevo, Sarajevo trams, strategic projects, sustainable connectivity, technical support, urban transport, Western Balkans, Western Balkans Investment Framework
(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
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged appointment, CEO, Chief Lene Skole, Copenhagen University, energy industry, green transition, IPO, leadership, leadership transition, Mads Nipper, Offshore wind, Rasmus Errboe, regulatory landscape, renewable capacity, renewable energy, supply chain bottlenecks, University of San Diego, Ørsted
(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
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Netherlands, News, Technology
Tagged AI, AI-powered technology, condition monitoring, decarbonization, EIB, electric motors, electrical data analytics, electrical signature analysis, energy consumption, energy efficiency, energy inefficiencies, ESA, European Commission, European Investment Bank, green transition, industrial reliability, Industry 4.0, InvestEU initiative, Jasper Hoogeweegen, malfunction detection, microchips, operating costs, partnership, predictive analytics, Robert de Groot, Samotics, sustainability, €20 million financing
(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
Posted in Austria, Environment, Industrial, Sweden, Technology
Tagged Acoustics, Andritz, automotive, bio-based, carbon-negative, CEO, circular technologies, construction, Ekolution, energy-efficient, Environmental Product Declaration, Francis-Elias Junker, furniture, green transition, hemp decortication, hemp fiber insulation, hemp fibers, hemp products, industrial hemp, logistics center, Malmö, natural fibers, neXline airlay line, nonwoven felts, Nonwovens & Textile division, packaging, pulp and paper, Refining, Remi Loren, renewable resources, Stockholm, sustainable, sustainable building materials, Sweden, teXline bast fiber line, textiles
(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
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, biogas, circular economy, Claire Fita, CO2 reduction, Daniel Vialelle, EIB, energy autonomy, European Investment Bank, European Union, green transition, job creation, partnership, sustainability, sustainable development, Tarn, Trifyl, waste recycling
(IN BRIEF) The European Investment Bank (EIB) has signed agreements with Albania to advance the country’s green transition and EU integration. This includes implementing the Greening Financial Systems programme, which will help Albania incorporate climate risks into its financial framework … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged Albania, Albania EU accession, climate finance, EIB, EIB Global, EU Growth Plan, EU integration, European Investment Bank, financial systems, green taxonomy, green transition, Greening Financial Systems programme, InvestEU, partnership, sustainability, sustainable development, sustainable growth, Team Europe, transport projects
(IN BRIEF) The European Investment Bank (EIB) will provide advisory support to five Greek regions to facilitate their transition from lignite-based energy production to sustainable, renewable energy sources. Through a €2.75 million technical assistance fund, the EIB aims to promote … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Aegean Islands, bioeconomy, blue economy, Crete, EIB, energy transition, EU, EU climate goals, European Green Deal, European Investment Bank, Greece, green transition, InvestEU, Just Transition Mechanism, lignite phase-out, Megalopolis, partnership, renewable energy, reskilling, SEIP, sustainability, sustainable development, Western Macedonia, Yannis Tsakiris
(IN BRIEF) The European Investment Fund (EIF) has committed €75 million to Vesper Next Generation Infrastructure Fund I, bringing total assets to over €570 million. The Fund focuses on promoting clean energy, decarbonised mobility, and sustainable living solutions across Europe. … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Technology
Tagged biogas, biomethane, circular economy, clean energy, decarbonisation, digital energy, EAG Bioenergy, EIF, energy transition, green transition, InvestEU, investment strategy, Livio Fenati, Marjut Falkstedt, partnership, RAD-x, sustainability, sustainable infrastructure, Sustainable Living, Vesper Infrastructure, Vesper Next Generation Infrastructure Fund
(IN BRIEF) METLEN Energy & Metals’ bauxite project in Ghana has been recognized as a flagship initiative under the European Union’s Global Gateway program for 2025. This strategic investment aims to enhance Europe’s autonomy in critical raw materials and support … Read the full press release
Posted in European Union, Greece, Investment, Metals and Minerals
Tagged Africa, alumina, aluminum industry, autonomy, Bauxite, bauxite project, critical raw materials, Energy & Metals, EU, European Union, Europe’s competitiveness, flagship initiatives, GHANA, Global Gateway, green transition, Metlen, Ninayhin–Mpasaaso, primary aluminum, scoping studies, strategic investment, supply chains, Sustainable Resource Management
(IN BRIEF) The European Investment Bank (EIB) is lending €400 million to Czech energy provider ČEZ to modernize and expand the country’s electricity distribution grid, enabling the integration of up to 5.5 gigawatts of renewable energy. The project, aligned with … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged ČEZ, Czech Republic, EIB, energy infrastructure, green transition, Kyriacos Kakouris, Martin Novák, partnership, sustainability
(IN BRIEF) The European Investment Bank Group (EIBG), in collaboration with Inbank and the European Commission’s InvestEU, has launched its first fully green synthetic securitization in Poland. The agreement enables Inbank to provide PLN 701 million (over €160 million) in … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Technology
Tagged EIB, EIF, European Commission, green transition, Inbank, InvestEU, Katarzyna Smyk, Marjut Falkstedt, partnership, Poland, Priit Põldoja, sustainability, Teresa Czerwinska
(IN BRIEF) The European Investment Bank (EIB) has provided a €50 million loan to Slovenia’s largest energy distribution company, Elektro Ljubljana, to expand and upgrade the electricity grid in the central and southeastern regions of the country. The project, which … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Infrastructure & Utilities, Slovenia
Tagged EIB, electric-vehicle charging stations, electrification, Elektro Ljubljana, energy distribution network, EU policy goals, European Investment Bank, financing, green transition, Grid Expansion, heat pumps, infrastructure upgrades, Kyriacos Kakouris, Ministry of the Environment Climate and Energy, net zero, Recovery and Resilience Plan, renewable energy, REPowerEU initiative, Slovenia, smart meters, social and territorial cohesion, sustainable development, Tina Seršen, Urban Likozar, €50 million loan
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International have provided a €110 million financing package to build and operate two solar photovoltaic power plants in south-eastern Romania. These plants, with a combined capacity of … Read the full press release
Posted in Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Luxembourg, Romania, United Kingdom
Tagged carbon dioxide emissions reduction, climate finance, EBRD, energy security, EU commitments, Favi Stelian, Fit for 55, Ghimpati, green transition, Grzegorz Zielinski, Iepuresti, InvestEU guarantee, Nofar Energy, OY Nofar Energy, Raiffeisen Bank International, renewable energy, REPowerEU, Romania, RTG Solar Energy, solar plants, Solis Imperium, Tel Aviv stock exchange
(IN BRIEF) Enilive, a subsidiary of Eni, has partnered with Poste Italiane to supply biofuels for its ground and air fleets, aiming to accelerate Poste Italiane’s progress toward its 2030 energy transition and carbon neutrality goals. The collaboration involves supplying … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Italy, Transportation & Logistics
Tagged agri-food by-products, air transport, aircraft, animal fat, biofuels, biorefineries, carbon footprint, carbon neutrality, collaboration agreement, energy transition, Enilive, Enilive service stations, environmental policies, ESG principles, European Renewable Energy Directive, Giuseppe Lasco, Giuseppe Ricci, green transition, ground vehicles, HVOlution, Italy, JET A1+Eni Biojet, Multicard, Poste Italiane, ReFuelEU, renewable diesel, Road transport, SAF, sustainable aviation fuel, sustainable vehicles, used cooking oils
(IN BRIEF) The European Investment Fund (EIF) and Danish corporate bank kompasbank a/s have partnered to provide at least €175 million in new loans to Danish small and medium-sized enterprises (SMEs). Supported by the InvestEU programme, the three portfolio guarantee … Read the full press release
Posted in Denmark, Energy, Gas & Oil, Environment, European Union, Financial, Investment, Small Business
Tagged climate change mitigation, climate mitigation, Danish economy, Danish SMEs, economic growth, education investments, EIF, European Investment Fund, financing, green and sustainable transformation, green transition, InvestEU programme, job creation, kompasbank, Marjut Falkstedt, Michael Hurup Andersen, Nordics, portfolio guarantee agreements, reduced interest rates, riskier lending segments, small businesses, start-ups, sustainability, targeted financing
(IN BRIEF) The European Investment Bank (EIB) has released a report by the Vienna Initiative working group, titled “Greening the financial sector: A Central, Eastern and South-Eastern European perspective.” The report underscores the pivotal role of the financial sector in … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Ambroise Fayolle, Austria, CESEE, Debora Revoltella, EIB, Financial, green transition, partnership, SMEs, sustainability
(IN BRIEF) Telefónica continues to make significant contributions to economic and social development, as highlighted in its Consolidated Management Report 2023. The group’s operations generated over €49 billion in Gross Domestic Product (GDP) in countries where it operates, with each … Read the full press release
Posted in Business, Financial, Investment, Management, Spain, Technology, Telecom
Tagged Conecta Empleo, Consolidated Management Report 2023, environmental SDGs, Escuela 42, GDP, green transition, Gross Domestic Product, JOBS, José María Álvarez-Pallete, Reconectados programme, SkillsBank, telco, telecommunications, Telefónica
(IN BRIEF) The Martin-Behaim-Gymnasium grammar school in Nuremberg is set to transition into a new, eco-friendly building thanks to an €81 million loan from the European Investment Bank (EIB). This state-of-the-art facility, constructed with wood and equipped with solar panels, … Read the full press release
Posted in Banks, Business, Construction, Education, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Germany, green transition, Helaba Landesbank Hessen-Thüringen, Nicola Beer, Nuremberg School, partnership, Sabine Möller, Sparkasse Nürnberg, state of Bavaria, sustainability, WBG Kommunal GmbH
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is set to convene the Western Balkans Investment Summit 2024 at its London headquarters, gathering prime ministers from six Western Balkans nations alongside international investors. Scheduled for February 26, the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Media, News, United Kingdom
Tagged EBRD, green transition, partnership, sustainability, Western Balkans Investment Summit 2024
(IN BRIEF) The European Investment Bank (EIB) Global has pledged €36 million for the construction of the Vlašić wind farm in Bosnia and Herzegovina, supplementing the €21 million EU grant. Expected to generate 115 GWh/year of electricity and displace 140,000 … Read the full press release
Posted in Banks, Bosnia and Herzegovina, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Bosnia and Herzegovina, EIB Global, green transition, Johann Sattler, Kyriacos Kakouris, partnership, Srđan Amidžić, sustainability, Vlašić Wind Farm
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