(IN BRIEF) During the COP 28 summit in Dubai, the European Investment Bank (EIB) and the Development Bank of Rwanda (BRD) have formalized an agreement designed to promote sustainable development in Rwanda. The €20 million line of credit, accompanied by … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Development Bank of Rwanda, EIB, partnership, sustainability, sustainable development
(IN BRIEF) The European Investment Bank (EIB) has announced an additional EUR 100 million investment for the Aqaba Amman Desalination and Water Conveyance project in Jordan. This project aims to desalinate water from the Red Sea and transport it to … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Aqaba Amman Desalination and Water Conveyance Project, European Investment Bank, Gelsomina Vigliotti, H.E. Ayman Safadi, H.E. Zeina Toukan, JORDAN, Olivér Várhelyi, partnership, Pierre-Christophe Chatzisavas, sustainability, Zeina Toukan
(IN BRIEF) The European Investment Bank (EIB) and Ørsted have inked a €400 million framework loan agreement to support the expansion of wind energy production, in alignment with the RePowerEU initiative’s objectives. This marks their fifteenth joint project, reflecting Ørsted’s … Read the full press release
Posted in Banks, Business, Denmark, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Denmark, EIB, Europe, Kasper Kiim Jensen, partnership, renewable energy, sustainability, Thomas Östros, Ørsted
(IN BRIEF) The European Investment Bank (EIB), managing the EU for Ukraine Fund, held its initial Contributors’ Committee meeting and approved its first project financing of €25 million for Ukraine’s equity growth fund, Horizon Capital Growth Fund IV (HCGF IV), … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged EIB, EU for Ukraine Fund, HCGF IV, Horizon Capital, Lenna Koszarny, partnership, SMEs, sustainability, Teresa Czerwinska, UKRAINE, Ukrainian Tech
(IN BRIEF) Rheinmetall, a Düsseldorf-based tech enterprise, has secured a significant order to provide artillery ammunition in support of Ukraine’s defensive efforts. The contract, valued at approximately €142 million, involves the supply of tens of thousands of 155mm artillery shells, … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Ukraine
Tagged artillery ammunition, partnership, Rheinmetall, UKRAINE
(IN BRIEF) Researchers from ETH Zurich, Empa, and Stanford University have made a remarkable discovery that excited electrons can straighten the crystal lattice of perovskite nanocrystals, increasing their symmetry rather than causing disorder. This unexpected finding could pave the way … Read the full press release
(IN BRIEF) Jamk University of Applied Sciences organized a hackathon in collaboration with Valio Ltd. to address the challenge of seasonal variation in milk production. Swedish Elvenite AB emerged as the winner of ValioHackathon 2023/11/28 by proposing a data-driven solution … Read the full press release
Posted in Business, Commodities, Environment, Financial, Finland, Food & Beverage, Industrial, Investment, Management, Media, News
Tagged Agnes Lindell, Elvenite, Elvenite AB, Hackathon Competition, Hanna Castro, Jamk University, Niclas Lovsjö, partnership, Sanna Nokka, Seasonal Milk Production, sustainability, Ulf Jahnsson, Valio, ValioHackathon
(IN BRIEF) Associated British Ports (ABP) has taken a significant step in its property strategy by acquiring the freehold of a 227.5-acre site known as Stallingborough Interchange. This acquisition underscores ABP’s commitment to expanding its commercial port opportunities, encompassing automotive, … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged ABP, acquisition, Cllr Philip Jackson, Damien Jaines-White, Greg Lacey, Humber ports, partnership, Simon Bird, Stallingborough Interchange, sustainability
(IN BRIEF) In preparation for an active and sustainable 2024, Associated British Ports (ABP) has welcomed Lex Hanham to its Business Development team, where she will lead initiatives aimed at accelerating the UK’s clean energy transition. With over 15 years … Read the full press release
(IN BRIEF) Ørsted has commenced construction on two carbon capture facilities at the Asnæs Power Station and Avedøre Power Station in Denmark, marking the country’s inaugural full-scale carbon capture endeavor. This project, backed by a 20-year contract from the Danish … Read the full press release
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Asnæs Power Station, Avedøre Power Station, Carbon Capture Project, Denmark, Lars Aagaard, Mads Nipper, Martin Damm, Ole Thomsen, partnership, sustainability, Søren Friis Trebbien, Ørsted
(IN BRIEF) In a significant environmental initiative, the Philippines’ Department of Environment and Natural Resources has announced its participation in the World Economic Forum’s Blue Carbon Action Partnership during COP28. This partnership aims to accelerate the restoration and conservation of … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, Media, News, Switzerland
Tagged Alfredo Giron, Antonia Loyzaga, coastal ecosystems, COP28, DENR, Global Blue Carbon Conservation Drive, Indonesia, mangroves, partnership, PHILIPPINES, salt marshes, seagrasses, sustainability, World Economic Forum
(IN BRIEF) BT Group, in collaboration with the charity AbilityNet, is calling on individuals to participate in “The 12 Scams of Christmas” webinar, a crucial initiative aimed at enhancing online safety during the holiday season. With scammers frequently targeting vulnerable … Read the full press release
Posted in Business, Education, Financial, Industrial, Internet & Online, Management, Media, News, Security & Safety, Technology, Telecom, United Kingdom
Tagged 'The 12 Scams of Christmas' Webinar, AbilityNet, BT Group, Festive Season, Lucy Walsh, Online Users, partnership, SECURITY, Victoria Johnson
(IN BRIEF) In a groundbreaking move at COP28, the Nordic Investment Bank (NIB) has introduced a robust climate strategy, pledging to chart a sustainable future. This forward-looking strategy commits NIB to concrete, science-based targets aligned with the Paris Agreement, with … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, Media, News
Tagged Climate Strategy, COP28, Luca de Lorenzo, Nordic Investment Bank (NIB), partnership, sustainability
(IN BRIEF) Thales, the global technology company, has successfully completed the acquisition of Imperva ahead of schedule, marking a significant milestone in the company’s cybersecurity expansion plans. The acquisition positions Thales as a worldwide leader in cybersecurity, with a team … Read the full press release
Posted in Business, Defence, Environment, Financial, France, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged acquisition, Cybersecurity, Imperva, Jesper Trolle, partnership, Patrice Caine, SECURITY, sustainability, Thales
(IN BRIEF) On November 30, 2023, KPN finalized its acquisition of Kabeltex, a company owning fiber networks and functioning as an internet service provider in Texel and the northern region of North Holland. Kabeltex boasts full fiber coverage on Texel … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology, Telecom
Tagged acquisition, fiber network, Kabeltex, KPN, North Holland, partnership, sustainability, Texel
(IN BRIEF) In a significant move during COP28, Vestas and DTEK have signed a Memorandum of Understanding (MOU) to advance the second phase of the Tyligulska wind project in southern Ukraine. This MOU outlines their intention to develop an additional … Read the full press release
(IN BRIEF) International technology group ANDRITZ has successfully initiated operations at a cutting-edge fiberline and lime kiln plant located within Nanning Sun Paper’s pulp and paper mill in Guangxi Province, China. This achievement marks a significant milestone for the project, … Read the full press release
(IN BRIEF) Shell Petroleum Company Limited, through its subsidiary Impello Limited, has successfully finalized the sale of its home energy businesses, Shell Energy Retail Limited (SERL) in the UK and Shell Energy Retail GmbH (SERG) in Germany, to Octopus Energy … Read the full press release
(IN BRIEF) The SDG Loan Fund, managed by Allianz Global Investors and originated and managed by FMO Investment Management, has successfully mobilized over $1.1 billion in private capital to support the United Nations Sustainable Development Goals (SDGs) in emerging and … Read the full press release
Posted in Business, Economy, Environment, Financial, Germany, Industrial, Insurance, Investment, Management, News
Tagged Allianz, Carsten Quitter, Deborah Zurkow, Debra Schwartz, FMO Investment Management (FMO IM), Huib-Jan de Ruijter, John D. and Catherine T. MacArthur Foundation (MacArthur), Lars-Göran Orrevall, Nic Wessemius, partnership, SDG Loan Fund, sustainability, Sustainable Development Goals, United Nations
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is supporting green lending and trade expansion in Uzbekistan by providing a financial facility of up to $45 million (€42.5 million) to Ipak Yuli Bank, a major private lender in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged EBRD, Financial Facility, Green Lending and Trade, Ipak Yuli Bank, partnership, sustainability, Uzbekistan
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