Tag Archives: green transition

Outokumpu Recognized for Industry-Leading Sustainability in Corporate Knights’ European Ranking

(IN BRIEF) Outokumpu has been ranked 25th on Corporate Knights’ first-ever list of Europe’s 50 most sustainable companies, placing highest among steel industry participants. This marks the company’s first inclusion in the ranking, which evaluates ESG performance, sustainable revenue, and … Read the full press release

EIF Partners with BluOr Bank to Offer €30 Million in Green Financing for Latvian SMEs

(IN BRIEF) The EIF and BluOr Bank have signed an agreement to provide up to €30 million in financing for Latvian SMEs working on green projects. Supported by the EU’s InvestEU programme, this initiative aims to help businesses improve energy … Read the full press release

EIF and EIFO Sign First Deal Under EU’s Ukraine Export Credit Facility to Boost EU-Ukraine Trade

(IN BRIEF) The EIF and EIFO have signed the first deal under the EU’s Ukraine export credit guarantee facility, which supports European businesses exporting to Ukraine. The facility, offering up to €20 million in guarantees, aims to enhance trade between … Read the full press release

EBRD Approves New Five-Year Strategy for Bulgaria, Focusing on Green Transition and Competitiveness

(IN BRIEF) The EBRD has approved a new strategy for Bulgaria, focusing on the green transition, competitiveness, and resilience through 2030. The Bank’s investments in Bulgaria have grown significantly, with a focus on sustainable infrastructure and private sector development. The … Read the full press release

TUM Study Finds Green Hydrogen from Africa More Expensive Than Expected, Recommends Policy Interventions

(IN BRIEF) A study led by TUM and supported by the University of Oxford has revealed that producing green hydrogen in Africa for export to Europe is much more expensive than previously assumed. Only a small fraction of potential production … Read the full press release

Lidl Italia Leads Italy’s Green Logistics Revolution with the Introduction of the Fully Electric Mercedes-Benz eActros 600

(IN BRIEF) Lidl Italia becomes the first company in Italy to operate the fully electric Mercedes-Benz eActros 600, a milestone in sustainable logistics. In collaboration with Daimler Truck Italia and LC3 Trasporti, Lidl is leading the way in decarbonizing freight … Read the full press release

RATO Credit Union and EIF Launch €20 Million Financing Initiative to Support Sustainable Projects in Lithuania

(IN BRIEF) RATO Credit Union has partnered with the European Investment Fund (EIF) under the InvestEU program to provide €20 million in financing for sustainable projects in Lithuania. This agreement enables RATO to offer more accessible loans with favorable terms, … Read the full press release

Hydro Extrusions’ Paul Warton Appointed Chair of European Aluminium, Succeeding Philipp Schlüter

(IN BRIEF) Paul Warton, Executive Vice President of Hydro Extrusions, has been appointed the new Chair of European Aluminium, succeeding Philipp Schlüter. Warton, with over 30 years of experience in the aluminium industry, will lead the organization in promoting sustainability, … Read the full press release

CapMan Infra Expands Data Centre Platform with Acquisition of Three High-Quality Facilities in Sweden

(IN BRIEF) CapMan Infra has acquired three data centres in Sweden, expanding its data centre platform to strengthen its presence in the Nordic region. The acquisition includes high-quality facilities in Stockholm and Piteå, providing advanced infrastructure for AI and HPC … Read the full press release

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