(IN BRIEF) The European Investment Bank (EIB) is providing a €400 million loan to Thüringer Energie AG (TEAG), a municipal energy supplier in Thuringia, Germany, to upgrade and digitize the electricity grid. This investment, totaling around €600 million, aims to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Germany, Green Energy, Grid Expansion, Nicola Beer, partnership, Stefan Reindl, sustainability, Thüringer Energie AG, Thuringia
(IN BRIEF) The European Investment Bank (EIB) is injecting €40 million into German-Austrian PropTech GROPYUS to advance the construction of sustainable and affordable homes across Europe. GROPYUS specializes in employing digitalized, fully automated, and industrialized processes to produce multi-storey wooden … Read the full press release
Posted in Austria, Banks, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate
Tagged Austria, EIB, Europe, GROPYUS, housing, Markus Fuhrmann, Nicola Beer, partnership, sustainability
(IN BRIEF) Evonik, Germany’s second-largest chemical company, has secured a €500 million framework loan from the European Investment Bank (EIB) to accelerate its sustainable transformation. The financing will support Evonik’s Next Generation Solutions portfolio, which focuses on energy-efficient, bio-based, and … Read the full press release
Posted in Banks, Business, Chemicals, Economy, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News
Tagged EIB, Evonik, Germany, Maike Schuh, Nicola Beer, partnership, sustainability, sustainable transformation
(IN BRIEF) The European Investment Bank (EIB) collaborates with NRW.BANK to allocate a €200 million framework loan aimed at facilitating the expansion and enhancement of refugee housing facilities in North Rhine-Westphalia, the most populous German state. This initiative involves constructing, … Read the full press release
(IN BRIEF) Indian Prime Minister Narendra Modi, virtually inaugurated the first 6 km section of the Agra metro, alongside Chief Minister of Uttar Pradesh Yogi Adityanath and other dignitaries. Funded by a €450 million loan from the European Investment Bank … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged Agra Metro, Cultural Heritage, Hervé Delphin, INDIA, Narendra Modi, Nicola Beer, Nina Fenton, partnership, Sushil Kumar, sustainability, urban transport, Yogi Adityanath
(IN BRIEF) The European Investment Bank (EIB) is collaborating with Sunfire, a German-based company, to support the development of solid oxide electrolysers for green hydrogen production in industrial applications. Through a venture debt loan of up to €100 million, with … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged EIB, green hydrogen production, Iliana Ivanova, Nicola Beer, Nils Aldag, partnership, Sunfire, sustainability
(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 Investment Bank (EIB) has committed €150 million to the 2038 Lusatia program, aimed at mitigating the socio-economic impact of lignite phase-out and advancing climate neutrality in the region. Collaborating closely with Investitionsbank des Landes Brandenburg (ILB), … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News
Tagged EIB, Germany, green transformation, Investitionsbank des Landes Brandenburg (ILB), investment, Lusatia, Nicola Beer, partnership, sustainability, Tillmann Stenger
(IN BRIEF) Nicola Beer has been appointed as the first female Vice-President on the European Investment Bank’s (EIB) Management Committee, representing Germany. With a background in law and politics, Beer brings extensive experience from her roles as a member of … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News
Tagged appointment, EIB, First Female German Vice-President, Germany, ledership, management committee, Nicola Beer, partnership, Werner Hoyer
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