Tag Archives: investment

voestalpine Calls for Continued Electricity Price Compensation to Protect Austria’s Energy-Intensive Industry

(IN BRIEF) voestalpine AG has urged the Austrian federal government to ensure fair competition for Austria’s energy-intensive industries by continuing to use electricity price compensation, a measure already utilized by many EU countries. The company emphasizes that this compensation is … Read the full press release

KfW Strengthens Global Role with High Stable New Business in 2024 and Continued Focus on Climate Protection and Biodiversity

(IN BRIEF) KfW’s 2024 international business performance shows a stable level of EUR 34.2 billion, with a continued focus on climate protection, biodiversity, and geostrategic objectives. Through its subsidiaries, KfW supports projects aligned with Germany and Europe’s economic and geopolitical … Read the full press release

Ørsted Expands Partnership with Schroders Greencoat through GBP 456 Million Farm-Down of West of Duddon Sands Stake

(IN BRIEF) Ørsted has completed a farm-down of a 24.5% stake in the West of Duddon Sands Offshore Wind Farm to Schroders Greencoat, valued at GBP 456.1 million. The transaction supports Ørsted’s capital structure, risk diversification, and capital recycling strategy. … Read the full press release

European Investment Bank Appoints Scope Ratings for Solicited Creditworthiness Rating

(IN BRIEF) The European Investment Bank (EIB) has mandated Scope Ratings, a European Union-based credit rating agency, to perform a solicited creditworthiness rating. This addition to its existing agencies—Fitch, Moody’s, and S&P—was part of EIB’s regular triennial evaluation process for … Read the full press release

MAN Accelerates Transformation with Expanded Battery Production for Electric Commercial Vehicles at Nuremberg

(IN BRIEF) MAN Truck & Bus has officially launched battery production at its Nuremberg site, expanding investment from 100 million to approximately 250 million euros. This phase enhances the facility’s capabilities by producing complete battery packs as well as individual … Read the full press release

EnBW Commissioning of H₂-Ready Fuel-Switch Power Plant in Stuttgart-Münster Accelerates Energy Transition

(IN BRIEF) EnBW has taken a major stride in its decarbonization journey by commissioning a new H₂-ready fuel-switch power plant at its Stuttgart-Münster site. This power plant replaces older coal-fired components with a modern, natural gas-fired gas turbine facility capable … Read the full press release

Avoided Emissions Platform Sets New Standard for Climate Impact Measurement

(IN BRIEF) A consortium led by Robeco, Mirova, Edmond de Rothschild AM, I Care, and Quantis has launched the Avoided Emissions Platform (AEP), a global initiative designed to standardize the evaluation of climate solutions by providing a transparent method to … Read the full press release

EIB Fuels Swedish Food Security: €50M Loan Boosts Lantmännen’s Innovative Pea Protein Factory

(IN BRIEF) The European Investment Bank has provided Lantmännen with a €50 million loan to co-finance the construction of a new pea protein isolate factory in Lidköping, Sweden. This investment, covering about half the project cost, will enable the factory—set … Read the full press release

EBRD Fuels Estonia’s Green Future with €20M Investment in Coop Pank’s First Covered Bond

(IN BRIEF) The EBRD has invested €20 million in Coop Pank’s first-ever covered bond, listed on the Dublin Stock Exchange, to support the development of Estonia’s emerging capital markets and green financing initiatives. This investment marks the first EBRD transaction … Read the full press release

BASF Unveils Advanced Facility in Ludwigshafen to Drive Catalyst Innovation

(IN BRIEF) BASF inaugurated a new Catalyst Development and Solids Processing Center in Ludwigshafen, Germany, on December 12, 2024. The facility is purpose-built to accelerate the pilot-scale production of chemical catalysts and drive innovation in solids processing technologies. By incorporating … Read the full press release

EIB, SEB, and Luminor Propel Estonia’s Renewable Energy Ambitions with €62 Million Solar Park Investment

(IN BRIEF) A consortium led by the European Investment Bank in partnership with SEB and Luminor has provided €62 million to Sunly for a new 244 MW solar park in Risti, Estonia. Expected to be the Baltics’ largest photovoltaic facility … Read the full press release

Helios Fund V Secures $75 Million Investment from EIB Global to Fuel Africa’s Digital and Tech Growth

(IN BRIEF) The European Investment Bank (EIB Global) has committed $75 million to Helios Fund V, a private equity fund managed by Helios Investment Partners. Focusing on sectors like digital infrastructure, financial services, and tech-enabled services, the fund aligns with … Read the full press release

KKR Expands Stake in Enilive with €587.5 Million Investment to Strengthen Sustainable Mobility Strategy

(IN BRIEF) KKR has increased its stake in Enilive by purchasing an additional 5% of the company’s share capital, with a €587.5 million investment. This move aligns with KKR’s previously announced commitment and underscores the market’s confidence in Enilive’s business … Read the full press release

UAE-France High-Level Business Council Strengthens Economic Cooperation at Third Meeting

(IN BRIEF) At the third meeting of the UAE-France High-Level Business Council in Paris, strategic partnerships were formed to enhance collaboration in energy, renewable energy, infrastructure, and artificial intelligence. The event, co-chaired by H.E. Dr. Sultan Al Jaber and Patrick … Read the full press release

EIB Invests €15 Million to Support SME Growth and Gender Inclusion in Africa through IPAE 3 Fund

(IN BRIEF) The European Investment Bank (EIB) has committed €15 million to the I&P Afrique Entrepreneurs 3 (IPAE 3) fund, aimed at supporting small and medium-sized enterprises (SMEs) across Africa. The initiative, which focuses on key sectors like agriculture, health, … Read the full press release

Terna Invests €50 Million in Underground Cable Project to Enhance Transmission Efficiency and Reduce Environmental Impact

(IN BRIEF) Terna has announced an investment of approximately €50 million to convert a portion of the “Mercallo – Cameri” power line into a 132 kV underground cable, aimed at enhancing energy transmission efficiency while minimizing environmental impact. The project … Read the full press release

EIF Pledges €40 Million to SevenGen Growth Fund to Boost Sustainable Innovation and Impact

(IN BRIEF) The European Investment Fund has committed €40 million to the SevenGen Growth Fund, which focuses on scaling profitable companies in sustainability-related sectors. The fund will target businesses across the Benelux, Germany, and the Nordics that are poised for … Read the full press release

EIB Increases Support for Czech Republic with €2.47 Billion Investment in Key Infrastructure and SMEs

(IN BRIEF) The European Investment Bank (EIB) has significantly increased its financing in the Czech Republic, rising to €2.47 billion in 2024. This marks a 33% growth from 2023, with key investments in infrastructure, the railway and energy sectors, and … Read the full press release

Bertelsmann Expands U.S. E-Commerce Footprint with Strategic Acquisitions of Carbel and United Customs Services

(IN BRIEF) Bertelsmann has expanded its presence in the U.S. by acquiring Carbel LLC and United Customs Services through its subsidiary Arvato, marking a significant step into the growing e-commerce services market for fashion, beauty, and lifestyle industries. The acquisitions, … 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