Tag Archives: partnership

EIB and Terna Seal €500 Million Deal for Tyrrhenian Link Renewable Energy Project

(IN BRIEF) During the EIB Forum in Luxembourg, the European Investment Bank (EIB) and Terna signed a €500 million financing contract, marking the final tranche of the €1.9 billion financing for the Tyrrhenian Link project. This submarine electricity cable, spanning … Read the full press release

EIB and Sciences Po Renew Partnership for Sustainable Development and Climate Transition

(IN BRIEF) The European Investment Bank (EIB), recognized as the EU’s climate bank, has reaffirmed its commitment to advancing sustainable finance and climate dialogue by renewing its support for the Sciences Po European Chair for Sustainable Development and Climate Transition. … Read the full press release

EU Private Sector Women Launch Network to Drive Climate Action

(IN BRIEF) In a proactive move towards advancing the green transition and fostering climate resilience, women leaders from the EU private sector have inaugurated the Women Climate Leaders Network, hosted by the European Investment Bank Group (EIB Group). With the … Read the full press release

Ericsson Joins OpenAirInterface Alliance to Advance Open RAN and 6G Development

(IN BRIEF) Ericsson has announced its strategic membership in the OpenAirInterface Software Alliance (OSA), signaling a commitment to fostering collaboration and innovation within the Open RAN ecosystem. The OSA, known for its dedication to community-driven open-source software development, welcomes Ericsson’s … Read the full press release

Kapsch TrafficCom Implements Cutting-Edge Truck Tolling System in Ras Al Khaimah, UAE

(IN BRIEF) Kapsch TrafficCom achieves a significant milestone with the successful installation of an advanced truck tolling system in the Emirate of Ras Al Khaimah, part of the United Arab Emirates. Replacing the previous plaza-based tolling system, the new multi-lane … Read the full press release

Rheinmetall Donates €100,000 to Olena Zelenska Foundation in Support of Ukrainian War Victims

(IN BRIEF) Düsseldorf-based technology group Rheinmetall has pledged a donation of 100,000 euros to the Olena Zelenska Foundation in Kyiv, supporting humanitarian efforts for victims of the Russian war of aggression against Ukraine. The foundation, led by Olena Zelenska, wife … Read the full press release

American Rheinmetall Vehicles and GM Defense Deliver Prototypes for U.S. Army’s Next-Gen Tactical Truck Program

(IN BRIEF) American Rheinmetall Vehicles and GM Defense have successfully delivered three prototype trucks for the initial phase of the U.S. Army’s Common Tactical Truck (CTT) Program. The program aims to replace the Army’s heavy tactical truck fleet with up … Read the full press release

Chatty Robot Guide Dogs: A Promising Solution for Indoor Navigation of Visually Impaired Individuals

(IN BRIEF) The University of Glasgow, in collaboration with industry and leading charities, is pioneering the development of the RoboGuide, an AI-powered robot guide dog designed to assist blind and partially sighted individuals in navigating indoor spaces like museums, shopping … Read the full press release

EBRD and UniCredit Bulbank Partner to Support Tsenovo Solar Plant in Bulgaria

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is set to guarantee up to €25 million for a loan extended by UniCredit Bulbank to the Tsenovo solar plant in Bulgaria, marking the first greenfield renewable project financed under … Read the full press release

EIB Commits €350 Million to Umicore for EV Battery Materials Innovation and Recycling

(IN BRIEF) In a significant move to bolster Europe’s electric vehicle (EV) battery industry, the European Investment Bank (EIB) has entered a €350 million financing agreement with Umicore to support research, development, and innovation (RDI) in rechargeable battery materials technologies. … Read the full press release

EIB and Kutxabank Partner to Boost Green Investment in Spain with €300 Million Agreement

(IN BRIEF) The European Investment Bank (EIB) and Kutxabank have inked a landmark covered bond purchase agreement totaling €300 million, facilitating Kutxabank to unlock up to €600 million for financing green projects in Spain, particularly focusing on energy-efficient construction. This … Read the full press release

EIB Group Forum Highlights European Resilience and Investment Priorities

(IN BRIEF) The second edition of the EIB Group Forum in Luxembourg convened senior policymakers, business leaders, academics, and civil society representatives to discuss EU policy priorities and challenges amidst global instability. EIB President Nadia Calviño emphasized the role of … Read the full press release

Eni CEO and Indonesian President Discuss Energy Transition and Gas Potential in High-Level Meeting

(IN BRIEF) The President of Indonesia, Joko Widodo, met with Claudio Descalzi, the CEO of Eni, in Jakarta to discuss Eni’s ongoing projects and future initiatives in Indonesia. Descalzi highlighted Eni’s significant milestones in 2023, including the discovery of 5 … Read the full press release

EIB Group Commits €359 Million to Support Slovenian Projects in 2023, Bolstering Infrastructure and Energy Sectors

(IN BRIEF) The European Investment Bank Group (EIB Group) has reported a successful year in 2023, allocating €359 million in new commitments to projects in Slovenia. These investments are aimed at boosting economic growth and preserving jobs in Slovenia and … Read the full press release

AF Gruppen Nominated as Contractor for New Rikshospitalet Temporary Facilities in Oslo

(IN BRIEF) AF Gruppen has received a nomination from the South-Eastern Norway Regional Health Authority to serve as the contractor for the construction of temporary office and accommodation facilities at the New Rikshospitalet (Oslo University Hospital) located in Gaustad, Oslo. … Read the full press release

Gasum to Invest €62 Million in Borlänge Biogas Plant to Boost Renewable Energy Production

(IN BRIEF) Gasum, a Nordic energy company, is set to invest over €62 million in the construction of a biogas plant in Borlänge, Sweden. This initiative is part of Gasum’s larger plan to build five large-scale biogas plants in Sweden, … Read the full press release

Researchers Develop Improved Perovskite Quantum Dots for Brighter Light Emission and Quantum Technologies

(IN BRIEF) Researchers at Empa and ETH Zurich have developed innovative methods to enhance the efficiency and brightness of perovskite quantum dots, which can emit light of specific colors and single photons, critical for quantum technologies and displays. They created … Read the full press release

ASSA ABLOY Sells PACA Elevator Maintenance Business in France to KONE

(IN BRIEF) ASSA ABLOY has completed the sale of its elevator maintenance business, PACA ascenseur (“PACA”), located in Southern France, to KONE. The sale is part of ASSA ABLOY’s strategic focus on its core business portfolio. PACA, with approximately 210 … Read the full press release

NIDUS-Family Therapy Shows Promise in Helping People with Dementia Achieve Personal Goals

(IN BRIEF) A recent study led by Queen Mary University of London, in collaboration with the University of Exeter, highlights the efficacy of a new therapy called NIDUS-Family in assisting individuals with dementia and their family carers in achieving their … Read the full press release

Vodafone and Autobahn GmbH Collaborate to Bring 5G to All German Motorways by 2028

(IN BRIEF) Vodafone and Autobahn GmbH have unveiled plans to expand 5G coverage across all German motorways by 2028. The initiative involves erecting additional cellular masts to eliminate coverage gaps, densify the network, and reduce dropped calls. This extensive 5G … Read the full press release