Tag Archives: investments

Enel S.p.A. sees its Moody’s rating upgraded

(PRESS RELEASE) ROME, 15-Jan-2021 — /EuropaWire/ — Enel S.p.A. (BIT: ENEL), an Italian multinational energy company, has announced that Moody’s Investors Service has upgraded its long-term rating of Enel S.p.A. to “Baa1” from the previous level of “Baa2” while the … Read the full press release

Aviva appoints Mark Versey as new leader of Aviva Investors

(PRESS RELEASE) LONDON, 4-Jan-2021 — /EuropaWire/ — British multinational insurance company Aviva announces the appointment of Mark Versey as Chief Executive of Aviva Investors, effective immediately*. Mark, currently Chief Investments Officer, Real Assets, at Aviva Investors will join Aviva’s Group … Read the full press release

EBRD supports Albania’s plans to launch its first wind power plants tender

First wind power plants tender in Albania to be launched EBRD and Swiss SECO support preparation of groundbreaking move Albania to diversify energy supply, attract investment and increase resilience to climate change (PRESS RELEASE) LONDON, 29-Dec-2020 — /EuropaWire/ — European … Read the full press release

PKN ORLEN holds successful first supply chain meeting for its Baltic Power offshore wind project

(PRESS RELEASE) PŁOCK, Poland, 11-Dec-2020 — /EuropaWire/ — Polish oil refiner and petrol retailer, PKN ORLEN announces that almost 400 people of 273 firms attended its virtual Offshore Wind Supply Chain Meeting 2020. The meeting was the first in a … Read the full press release

EIB signs €15.0 million financing deal with AB Science to support the development of masitinib as a treatment for COVID-19

Financing deal worth €15.0 million signed to support clinical development programme for masitinib Masitinib developed as a credible candidate for treating COVID-19 in addition to other diseases for which no therapeutic solutions are available (PRESS RELEASE) PARIS, 30-Nov-2020 — /EuropaWire/ — … Read the full press release

Economic recovery: Massive €75 billion investment plan announced by Iberdrola

(PRESS RELEASE) BILBAO, 5-Nov-2020 — /EuropaWire/ — Iberdrola (BME: IBE), a Spanish multinational electric utility company, has announced a historical €75 billion investment plan to 2025 as a firm commitment to economic recovery. The pledge represents the largest investment programme … Read the full press release

Robeco strengthens commitment to sustainable investing with exclusion of investments in thermal coal, oil sands and Arctic drilling

(PRESS RELEASE) ROTTERDAM, 24-Sep-2020 — /EuropaWire/ — Asset management firm, Robeco announces its decision to exclude investments in thermal coal, oil sands and Arctic drilling from all its mutual funds as an important next step in its sustainable investing approach. … Read the full press release

EBRD helps Turkish businesses overcome coronavirus crisis with new US$ 54 million loan to Isbank

(PRESS RELEASE) LONDON, 8-Sep-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) expands access to finance for Turkish businesses to help them recover from the pandemic, with a new US$ 54 million loan to Isbank, the largest … Read the full press release

Barclays’ new NDF algorithms put the bank at the forefront of a significant evolution in FX algos

(PRESS RELEASE) LONDON, 18-Aug-2020 — /EuropaWire/ — British universal bank Barclays (LSE: BARC / NYSE: BCS) has announced the launch of new non-deliverable forwards (NDF) algorithms on the BARX electronic trading platform. The NDF algorithms are the latest addition to … Read the full press release

NIB loans EUR 17 million to Moelven Industrier for new wood pellet and bioenergy plant at Sokna, Norway

(PRESS RELEASE) HELSINKI, 22-Jul-2020 — /EuropaWire/ — The international financial institution with focus on the Nordic and Baltic countries The Nordic Investment Bank (NIB) has announced it will provide NOK 200 million (EUR 17.73 million) to Moelven Industrier ASA in … Read the full press release

ENGIE sells 49% equity interest in 2.3 GW US renewables portfolio to Hannon Armstrong

(PRESS RELEASE) LA DÉFENSE, 2-Jul-2020 — /EuropaWire/ — French multinational electric utility company, ENGIE signs agreement with Hannon Armstrong (NYSE:HASI), a leading investor in climate change solutions, for the sale of 49% equity interest in a 2.3 GW US renewables … Read the full press release

Total decided not to pursue the completion of the purchase of Occidental Petroleum’s assets in Ghana

(PRESS RELEASE) PARIS, 18-May-2020 — /EuropaWire/ — French broad-energy company Total has just announced it decided to discontinue the acquisition of Occidental Petroleum’s Ghana assets. Originally signed in August 2019, the Purchase and Sale Agreement (PSA) between Total and Occidental … Read the full press release

Triton Fund IV company, Bormioli Pharma successfully completes 100% acquisition of GCL Pharma

(PRESS RELEASE) PARMA, Italy, 16-Apr-2020 — /EuropaWire/ — Triton announces that Bormioli Pharma has successfully completed the acquisition of 100% of GCL Pharma. The Italian company based in Vasto (Chieti), previously part of Guala Closures Group, specializes in the production … Read the full press release

HeidelbergCement optimises portfolio and improves cash generation by further reduction in Ciments du Maroc shareholding

(PRESS RELEASE) HEIDELBERG, 29-Nov-2019 — /EuropaWire/ — HeidelbergCement sells 3.6% of Ciments du Maroc’s share capital to certain Moroccan institutional investors through a block trade. The sale of around 0.5 million shares was sold for an aggregate amount of approximately … Read the full press release

NIB provides funding for the advancement of new audiological technology

(PRESS RELEASE) HELSINKI, 28-Nov-2019 — /EuropaWire/ — NIB signs new loan agreement of DKK 450 million (EUR 60 million) with Danish hearing healthcare company Demant A/S to finance Demant’s research investments for 2019. This is the third loan agreed between … Read the full press release

Tobias C. Pross to succeed Andreas Utermann as CEO of Allianz Global Investors (AllianzGI)

Deborah Zurkow, currently Global Head of Alternatives, to become Global Head of Investments (PRESS RELEASE) MUNICH, 11-Nov-2019 — /EuropaWire/ — Allianz Global Investors (AllianzGI) announceS leadership changes effective January 1, 2020 as part of its succession plan. Andreas Utermann to … Read the full press release

CapMan Nordic Property Income Fund form high-quality modern office sub-portfolio with three acquired assets in Greater Helsinki

(PRESS RELEASE) HELSINKI, 15-Aug-2019 — /EuropaWire/ — CapMan Nordic Property Income Fund completed two separate transactions to form a high-quality modern office sub-portfolio. Together the properties form a c. 14,500 sqm office portfolio with over 5- year blended lease maturity … Read the full press release

EQT to acquire majority stake in global supplier of thermal validation solutions and services

(PRESS RELEASE) STOCKHOLM, 8-Aug-2019 — /EuropaWire/ — The EQT Mid Market Europe Fund entered into an agreement to acquire a majority interest in Ellab from the IK VIII Fund, advised by IK Investment Partners.  The existing management team, led by … Read the full press release

ÅF Pöyry to support the modernisation of Metsä Fibre’s bioproduct mill and sawmill in Finland

(PRESS RELEASE) VANTAA, 28-May-2019 — /EuropaWire/ — Metsä Fibre awards pre-engineering assignment to ÅF Pöyry for new bioproduct mill, Kemi. The ongoing pre-engineering project target is to create conditions for building a bioproduct mill with an annual production capacity of … Read the full press release

Henrik Normann presented NIB at the Norden Association’s 100th anniversary seminar

(PRESS RELEASE) HELSINKI, 17-Apr-2019 — /EuropaWire/ — NIB President & CEO Henrik Normann spoke at the Norden Association’s (Föreningen Nordens) 100th anniversary seminar on Monday, 15 April, in Christiansborg, the Danish parliament building. The seminar, titled “Nordic responsibility for the … Read the full press release

FINLAND: NIB to fund Keitele Timber’s investments in mechanical wood processing facilities

(PRESS RELEASE) HELSINKI, 28-Mar-2019 — /EuropaWire/ — NIB to finance Keitele Timber’s investments in mechanical wood processing facilities. The agreement is EUR 15 million loan with maturity of ten years. Keitele Timber will use the loan from NIB to invest … Read the full press release

Schroders and Lloyds Banking Group announce executive team for new joint venture

(PRESS RELEASE) LONDON, 27-Mar-2019 — /EuropaWire/ — A joint venture between Schroders plc and Lloyds Banking Group plc, Schroders Personal Wealth announces its executive team. Schroders Personal Wealth will be launched later this year with the aim to help more … Read the full press release

CHINA: ABB inaugurates its largest and one of its most advanced manufacturing sites, The Xiamen Hub

US$300 million investment in the hub which is ABB’s largest innovation and manufacturing site at 425,000m2 Employs 3,500 people, covering the full range of business activities Strong symbol of ABB’s ongoing commitment to China, where it has invested more than … Read the full press release

Safran bolsters its investments in ceramic matrix composites with the opening of Safran Ceramics research center

Safran Ceramics, a research center for ceramic matrix composites (CMC) located in the heart of Bordeaux Aeroparc, was inaugurated today in a ceremony attended by Alain Rousset, President of the Nouvelle Aquitaine region of southwest France, and Stéphane Cueille, Senior … Read the full press release

Survey: global investors are more likely to invest in both the EU and the UK after Brexit

78% of investors expect increased investment in Europe over next five years Europe’s perceived stability and commitment to sustainability declines BRUSSELS, 08-Nov-2018 — /EuropaWire/ — Europe’s attractiveness as an investment destination is on the rise compared to 2017, as the … Read the full press release

NIB to finance investments in water supply and wastewater treatment in Tanum, Sweden

NIB and the municipality of Tanum have signed a 25-year loan facility of SEK 150 million (EUR 14.65 million) to finance investments in water supply and wastewater treatment. HELSINKI, 06-Nov-2018 — /EuropaWire/ — The long-term loan from NIB will co-finance projects … Read the full press release

The EBRD supports FT Climate Finance Summit in London

The EBRD’s message to governments: renewables are now cheapest source of energy The Bank’s renewable energy investments top €6 billion LONDON, 08-Oct-2018 — /EuropaWire/ —  The EBRD is urging a step change in levels of investment in renewable sources of … Read the full press release

EBRD invests €40 million under the EBRD Slovak Covered Bonds Framework

EBRD invests in covered bonds by local lender Slovenská sporiteľňa EBRD supports drafting of new legislation for bonds in cooperation with Slovak authorities Rating agency Moody’s rates programme Aaa LONDON, 08-Oct-2018 — /EuropaWire/ — The development of the capital market in … Read the full press release

BP and Aker BP to explore potential venture capital investments targeting technology and innovation improvements

Alliance will explore joint innovation and technology opportunities Pair will seek out potential venture capital investments LONDON, 03-Oct-2018 — /EuropaWire/ — BP today announced that it has signed a ventures cooperation agreement with Aker BP to explore possible areas of … Read the full press release

Siemens enters the low-code application development market with the completion of Mendix acquisition

Siemens to accelerate investments and growth in Mendix’s organic business and verticals, fueling faster go-to-market expansion Mendix will continue building on its heritage of openness and extensibility, including its partner ecosystem Siemens to create SaaS solutions and extensions, leveraging joint … Read the full press release