(IN BRIEF) A financing agreement between the Nordic Investment Bank (NIB), the European Investment Bank (EIB), and LTG Link signals a significant step forward for Lithuania’s rail sector. The agreement, totaling EUR 200 million, will facilitate the purchase of nine … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged Egidijus Lazauskas, EIB, Electric and Battery Trains, investment, Jeanette Vitasp, Lithuania, LTG Link, Marius Skuodis, NIB, rail electrification, Thomas Östros
(IN BRIEF) In a landmark move towards sustainable transportation, the Nordic Investment Bank (NIB), the European Investment Bank (EIB), and LTG Link have sealed a financing deal to procure electric and battery-powered trains. With loans totaling €200 million, nine electric … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Transportation & Logistics
Tagged Egidijus Lazauskas, EIB, Electric Train, Jeanette Vitasp, Lithuania, LTG Link, Marius Skuodis, NIB, partnership, Rail Revolution, sustainability, Thomas Östros
(IN BRIEF) Latvia’s Kekava bypass, a pioneering public-private partnership (PPP) project, has been completed in just two years, diverting heavy traffic away from Kekava and promising more efficient travel through the Baltics. Despite a 17-year planning process and external challenges, … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) and Wärtsilä Corporation, a Finnish technology group, have entered into a ten-year EUR 75 million investment loan agreement. This partnership aims to finance Wärtsilä’s research and development (R&D) activities from 2023 to 2025, … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Finland, Industrial, Technology, Transportation & Logistics
Tagged Arjen Berends, decarbonisation transformation, ENERGY, investment loan, Jeanette Vitasp, marine, marine decarbonisation, marine power supply, NIB, NIB Environmental Bond, R&D), renewable energy, renewable energy solutions, research and development, Wärtsilä Corporation
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