(IN BRIEF) The Ekienea solar farm, the largest in the Basque Country, has achieved grid access, marking a significant milestone in the region’s renewable energy efforts. The 100 MW facility will nearly triple the Basque Country’s solar capacity, support local … Read the full press release
(IN BRIEF) Rostock and Mecklenburg-Western Pomerania are experiencing an economic revival driven by the growth of renewable energy, particularly wind power. The region’s transformation is creating jobs, revitalizing the local economy, and positioning Rostock as a key player in Europe’s … Read the full press release
(IN BRIEF) Avangrid and Statkraft have signed a new Virtual Power Purchase Agreement (VPPA) for energy from the 35 MW Casselman wind farm in Pennsylvania, marking their second such deal in nine months. This agreement strengthens the partnership between the … Read the full press release
(IN BRIEF) ENGIE has reached Financial Close for the Goorambat East Solar Farm, a 250 MW renewable energy project in northern Victoria. With construction set to begin soon and completion expected by 2026, the solar farm will provide enough electricity … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Australia, ENGIE, expansion, Financial, Goorambat East Solar Farm, Ms. Laura Caspari, partnership, renewable energy, sustainability, Victoria
(IN BRIEF) RWE has signed two long-term power purchase agreements (PPAs) with Meta to supply clean energy from two solar farms under construction in the U.S., with a combined capacity of 374 megawatts. These solar projects, located in Illinois and … Read the full press release
(IN BRIEF) NatWest has completed a £1.1 billion securitisation deal, backed by Nuveen Infrastructure and Christofferson Robb & Company, to increase its lending capacity in the renewable energy sector. The transaction, which provides credit protection for a portfolio of around … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Alberto Abascal, Christofferson Robb & Company, Claudio Vescovo, David Fitoussi, lending, NatWest, Nuveen Infrastructure, partnership, renewable energy, sustainability
(IN BRIEF) ABL France has relocated to a new office in Paris at 21 Rue de la Fontaine au Roi. The move reflects the company’s growth and its commitment to the renewable energy, oil & gas, and maritime sectors. ABL … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Eiffel Investment Group are jointly providing €24.4 million for the construction of two solar power plants in Romania’s Dolj County. Each organization is contributing €12.2 million to the … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania, United Kingdom
Tagged EBRD, Eiffel Investment Group, Grzegorz Zieliński, investment, partnership, renewable energy, Romania, solar power, sustainability
(IN BRIEF) ORLEN Wind 3, a subsidiary of the ORLEN Group, has signed a preliminary agreement to acquire two solar PV farms and a wind farm from EDP Renewables Polska for approximately PLN 1.15 billion. This acquisition, one of the … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland
Tagged acquisition, Duarte Bello, EDP Renewables Polska, Ireneusz Fąfara, ORLEN, ORLEN Wind 3, partnership, renewable energy, sustainability
(IN BRIEF) Vortex Energy, a leading renewables company in Poland owned by Vitol, has appointed Wojciech Orzech as CEO. Orzech, with over 20 years of experience in energy and infrastructure, previously served as CEO of PKP Energetyka. He will work … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Poland
Tagged appointment, CEO, Justine Ryan, leadership, Poland, renewable energy, Vitol, Vortex Energy, Wojciech Orzech
(IN BRIEF) The Nordic Investment Bank (NIB) has finalized a SEK 280 million (approx. EUR 24 million) five-year loan agreement with EcoDC AB (EcoDataCenter) to support the expansion of its Falun data centre in Sweden. This funding will enable EcoDataCenter … Read the full press release
Posted in Banks, Financial, Finland, Industrial, Infrastructure & Utilities, Sweden, Technology, Telecom
Tagged André Küüsvek, Areim, artificial intelligence (AI), CHP, data infrastructure, digitalisation, EcoDataCenter, EcoDC AB, Falun data centre, NIB, Nordic Investment Bank, Peter Michelson, renewable energy, sustainable data centre solutions, Sweden
(IN BRIEF) Zurich Insurance Group and Aon have launched a comprehensive insurance facility to support blue and green hydrogen projects globally, with coverage for projects up to USD 250 million. This initiative, led by Zurich and brokered exclusively by Aon, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Insurance, Switzerland
Tagged Aon, Aviation, blue hydrogen, carbon capture, CCUS technologies, clean energy insurance, commercial insurance, eco-friendly, energy storage, energy transition, GREEN HYDROGEN, hydrogen combustion, hydrogen projects, industrial processes, Joseph Peiser, manufacturing steel, net-zero transition, producing chemicals, refining petrol, renewable energy, shipping, Sierra Signorelli, sustainable solutions, transportation, treating metals, Zurich Insurance Group
(IN BRIEF) Dutch battery developer Dispatch is embarking on a groundbreaking project to construct the Netherlands’ largest stand-alone Battery Energy Storage System (BESS) in Dordrecht. This 45MW/90MWh utility-scale BESS aims to store surplus energy from renewable sources for grid stabilization, … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology
Tagged ABN Amro, Battery Energy Storage System (BESS), Dispatch, Dordrecht, Eneco, EPICo², Macquarie Capital, Netherlands, partnership, renewable energy, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Deutsche Kreditbank (DKB) recently celebrated their 25-year partnership by signing a new agreement at DKB’s Berlin headquarters, aimed at supporting renewable energy projects for Small and Medium Enterprises (SMEs) in Germany. Under … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Small Business
Tagged Deutsche Kreditbank, European Investment Bank, Germany, Nicola Beer, partnership, renewable energy, SMEs, Stefan Unterlandstättner, sustainability
(IN BRIEF) PowerTree, a global renewable energy company, has partnered with AFRY to construct a 45MW solar portfolio in Chile, aiming to integrate clean energy into the national grid. As an Independent Power Producer (IPP), PowerTree specializes in solar development … Read the full press release
(IN BRIEF) RWE, a leading player in global renewables, has announced its investment decision to construct Australia’s inaugural eight-hour lithium-ion Battery Energy Storage System (BESS) adjacent to its Limondale Solar Farm in New South Wales. With a capacity of over … Read the full press release
(IN BRIEF) The European Investment Fund (EIF), under the InvestEU program, pledges EUR 30 million as a cornerstone investor to the 123 Transition Energétique 2 fund, managed by 123 Investment Managers and advised by Lendosphere. This fund aims to address … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged 123 IM, EIF, France, Laure Verhaeghe, Lendosphere, Marjut Falkstedt, partnership, renewable energy, SMEs, sustainability, Transition Energétique 2 Fund, Xavier Anthonioz
(IN BRIEF) The Lazio Region and Terna, led by Giuseppina Di Foggia, have signed a memorandum of understanding aimed at improving the planning and implementation of new electricity infrastructure while aligning with Italy’s regional environmental energy plan. The agreement involves … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged electricity infrastructure, Elena Palazzo, Enrico Maria Carlini, Giuseppina Di Foggia, Lazio Region, partnership, renewable energy, sustainability, Terna
(IN BRIEF) Uniper has entered into a share purchase agreement with Photon Energy Group for the acquisition of a 20.4 MW photovoltaic project in northeastern Poland, expected to close by the end of 2024. The move aligns with Uniper’s strategy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland
Tagged acquisition, partnership, Pawel Tarczewski, Poland, renewable energy, sustainability, Uniper
(IN BRIEF) On May 14, 2024, EDF achieved a significant milestone by launching its inaugural green commercial paper issuance, valued at €50 million with a 6-month maturity, successfully subscribed by Ecofi. The funds from this issuance are earmarked to support … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News
Tagged Commercial Paper Issuance, EDF, investments, renewable energy, sustainability
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