Tag Archives: partnership

Terna Gains Approval for €8 Million Underground Power Line to Boost Energy Security in La Spezia

(IN BRIEF) The Minister of Environment and Energy Security has granted authorization for Terna’s new electricity connection project linking La Spezia and Arcola (SP). With an investment of 8 million euros, the project will involve the construction of a 4.3 … Read the full press release

Nordic Investment Bank and Wellbeing Services County Collaborate on €70 Million Hospital Expansion in Finland

(IN BRIEF) The Nordic Investment Bank (NIB) has entered into a 20-year EUR 70 million loan agreement with the Wellbeing Services County (WSC) of North Savo, Finland, to fund the expansion and renovation of the “Uusi Sydän” central hospital and … Read the full press release

Eni Achieves Record Gas Introduction Milestone at Congo LNG Project

(IN BRIEF) Eni has announced a significant achievement in its Congo LNG project, with the successful introduction of gas into the Tango Floating Liquefied Natural Gas (FLNG) facility moored in Congolese waters, just twelve months after the final investment decision. … Read the full press release

Elli Expands European E-Mobility Network to Over 600,000 Charging Points

(IN BRIEF) In a significant move to boost electric mobility in Europe, Elli (Volkswagen Group Charging) has expanded its charging network to offer access to more than 600,000 charge points across 27 European countries. This expansion is part of Elli’s … Read the full press release

Kosovo Family’s Sustainable Heating Journey: A Green Investment with EBRD’s Support

(IN BRIEF) In central Kosovo’s village of Koshare, the Sopa family, like many others, used to spend a significant amount on wood for heating their home during harsh winters. Seeking a more sustainable and cost-effective solution, Florim Sopa invested nearly … Read the full press release

EBRD Partners with Bank Eskhata to Bolster Tajik Businesses with $5 Million Loans

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is collaborating with Tajikistan’s largest private lender, Bank Eskhata, to enhance the sustainability of Tajik businesses. Under their risk-sharing agreement, EBRD will share half the risk on two loans totaling … Read the full press release

EBRD and EU Partner with ProCredit Bank to Boost Georgian MSMEs with $10 Million Loan for Green Investments

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are intensifying their support for micro, small, and medium-sized enterprises (MSMEs) in Georgia through a partnership with ProCredit Bank. ProCredit Bank, a trusted EBRD partner … Read the full press release

EU’s €3 Million Injection Powers Energy Efficiency in Ukrainian Public Buildings

(IN BRIEF) The European Investment Bank (EIB) has allocated €3 million to the Ukrainian government as part of the EIB Ukraine Solidarity Urgent Response package. The funds will be used to implement energy-saving renovations in 18 public healthcare and educational … Read the full press release

BBVA Colombia Grants University Scholarships to Micro-Entrepreneurs’ Children in Need

(IN BRIEF) BBVA in Colombia has awarded university scholarships to the children of micro-entrepreneur clients of Bancamía across the country. These scholarships are a testament to the resilience, creativity, and determination exhibited by the parents of these students. Mario Pardo … Read the full press release

Fincantieri Set to Acquire Remazel Engineering in Subsea and Marine Energy Expansion

(IN BRIEF) Fincantieri S.p.A. is advancing its strategic development project within the Subsea and Marine Energy sectors through an agreement to acquire the entire share capital of Remazel Engineering S.p.A. from Advanced Technology Industrial Group S.A. The key details and … Read the full press release

Yokohama Port Collaborates with Mitsubishi Gas Chemical and Maersk to Develop Green Methanol Bunkering Infrastructure

(IN BRIEF) The City of Yokohama, in partnership with Mitsubishi Gas Chemical (MGC) and Maersk, has signed a Memorandum of Understanding (MoU) to advance the creation of green methanol bunkering infrastructure at the Port of Yokohama in Japan, which houses … Read the full press release

Airbus Delivers First A321neo from Cutting-Edge Toulouse Assembly Line

(IN BRIEF) Airbus has celebrated the successful delivery of its inaugural Airbus A321neo from its advanced A320 Family Final Assembly Line (FAL) in Toulouse. This milestone marks the start of the production ramp-up at the new facility, emphasizing Airbus’ commitment … Read the full press release

Maersk Joins Forces with Yokohama and Mitsubishi for Green Methanol Bunkering in Japan

(IN BRIEF) A.P. Moller-Maersk (Maersk) has signed an MoU with the City of Yokohama and Mitsubishi Gas Chemical (MGC) to collaborate on establishing green methanol bunkering infrastructure in Yokohama, Japan. This partnership aligns with Maersk’s goal of achieving net-zero emissions … Read the full press release

Vestas Secures 254 MW Wind Turbine Order for Confidential Australian Project

(IN BRIEF) Vestas, the global wind turbine manufacturer, has clinched a significant order for 254 MW to power an undisclosed wind project in Australia. The order encompasses 41 V162-6.2 MW wind turbines sourced from Vestas’ EnVentus platform. In addition to … Read the full press release

Skanska Secures $81 Million Contract for Renovation of Historic War Memorial Building in Nashville

(IN BRIEF) Skanska has entered into a contract with the State of Tennessee for the extensive renovation of the iconic War Memorial Building in Nashville, Tennessee, USA. Valued at USD 81 million (approximately SEK 860 million), this project will be … Read the full press release

Skanska Invests CZK 1 Billion in Eco-Friendly Residential Project in Prague

(IN BRIEF) Skanska is committing CZK 1 billion (approximately SEK 480 million) to fund the second phase of the Modransky cukrovar residential development project in Prague, Czech Republic. This phase will encompass 126 apartments and six commercial units, and it … Read the full press release

Iberdrola Receives Environmental Approval for Spain’s First Hybrid Photovoltaic and Hydroelectric Plant

(IN BRIEF) Iberdrola has achieved a significant environmental milestone with the approval of Spain’s inaugural hybrid photovoltaic and hydroelectric plant, known as HIDRO Cedillo. The project, located in Extremadura’s municipality of Cedillo, is set to boast an impressive capacity of … Read the full press release

AstraZeneca Advances in Cell Therapy with Acquisition of Gracell Biotechnologies

(IN BRIEF) AstraZeneca has announced its definitive agreement to acquire Gracell Biotechnologies Inc. (NASDAQ: GRCL), a global biopharmaceutical company specializing in cell therapies for cancer and autoimmune diseases. This strategic move aims to bolster AstraZeneca’s presence in the field of … Read the full press release

Aviva Expects £80 Million Boost in Singlife Sale Proceeds Due to Sumitomo Deal

(IN BRIEF) Aviva plc has announced its anticipation of an additional £80 million in proceeds from the sale of its stake in Singapore Life Holdings Pte Ltd (Singlife) to Sumitomo Life Insurance Company, as Sumitomo Life agreed to acquire TPG’s … Read the full press release

EBRD Supports Turkish Metal Casting Company Kutes in Transition to Sustainable Energy with Risk-Sharing Agreement

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is partnering with Türkiye Sinai Kalkinma Bankasi (TSKB), a development bank, to support Kutes, a prominent Turkish metal casting company, in its shift toward sustainable energy practices. TSKB is providing … Read the full press release