Tag Archives: Spain

Creas Impacto II Targets €70 Million with Backing from EIF, ICO, Carasso Foundation, and Private Investors

(IN BRIEF) Creas Impacto II, supported by EIF, ICO, the Carasso Foundation, and private investors, targets a €70 million fund size under the InvestEU program. The fund, managed by CREAS, focuses on investing in about 12 growth-stage companies in Spain … Read the full press release

Kembara Fund I FCR Secures €350 Million EIF Commitment to Drive Deep Tech and Climate Innovation

(IN BRIEF) Kembara Fund I FCR, a €1 billion deep tech and climate-focused fund managed by Spain-based Alma Mundi Ventures, has secured a €350 million commitment from the European Investment Fund (EIF). As the first Spanish fund to be selected … Read the full press release

DNV to Utilize Advanced Lidar Technology at Bay of St. Brieuc Offshore Wind Farm

(IN BRIEF) DNV has been chosen by the Iberdrola Group to conduct power curve verification using advanced nacelle lidar technology at the Bay of St. Brieuc offshore wind farm in Brittany. This project, featuring 62 turbines with a capacity of … Read the full press release

EIB and Cepsa Partner on €285 Million Biofuels Plant to Boost Energy Security and Decarbonisation

(IN BRIEF) The European Investment Bank (EIB) has allocated a €285 million loan to Cepsa for the development of an advanced biofuels plant in Andalusia, Spain, adjacent to the La Rábida Energy Park. In partnership with Bio-Oils, the facility will … Read the full press release

Digi Communications N.V. announces the OGMS resolutions and the availability of the approved 2023 Annual Report

(IN BRIEF) Digi Communications N.V. held its general shareholders’ meeting (GSM) today, announcing significant resolutions and the availability of its 2023 Annual Report. Key decisions include: Adoption of the 2023 Annual Accounts. Approval of a gross dividend of 1.25 RON … Read the full press release

BBVA Sells €270 Million Non-Performing Loan Portfolio in Spain to AXACTOR

(IN BRIEF) BBVA has completed the sale of the ‘Estoril Project,’ a portfolio of unsecured non-performing loans totaling €270 million, to AXACTOR. This transaction is part of BBVA’s strategy to optimize its balance sheet and improve its non-performing loan ratio … Read the full press release

La Vera Carbon2Nature: Iberdrola Launches Major Reforestation Project in Jaraíz de la Vera

(IN BRIEF) Iberdrola has launched the “La Vera Carbon2Nature” project in Jaraíz de la Vera, Spain, aiming to manage 1,499 hectares of pastureland over 50 years. The project involves planting more than 700,000 trees to restore a dehesa ecosystem and … Read the full press release

EIB Group and Spain Launch €3.4 Billion Regional Resilience Fund for Strategic Investments

(IN BRIEF) The European Investment Bank Group (EIB Group) and Spain’s Ministry of Economy, Trade, and Enterprise have launched the Regional Resilience Fund, aimed at channeling Next Generation EU loans into key projects within the Spanish Autonomous Communities. This initiative … Read the full press release

Grupo Oesía and Thales Forge Strategic Alliance to Enhance Defence and Security Technologies

(IN BRIEF) Grupo Oesía and Thales have finalized a strategic collaboration agreement at the Eurosatory fair in Paris, aimed at advancing technology development in defence, security, aerospace, naval, digital transformation, and cybersecurity sectors. The partnership seeks to integrate their respective … Read the full press release

PUMA Extends Sponsorship for Christopher Street Day Nürnberg, Affirming Commitment to LGBTQ+ Rights

(IN BRIEF) PUMA extends its sponsorship of Christopher Street Day Nürnberg for three more years, highlighting its ongoing commitment to LGBTQ+ rights. The company will actively participate in Pride events, organize Pride Month activities for employees, and illuminate its headquarters … Read the full press release

Strategic Alliance: EIB and Banco Sabadell Drive Economic Cohesion in Spain

(IN BRIEF) The European Investment Bank (EIB) and Banco Sabadell have joined forces in a significant deal, signing a guarantee agreement worth up to €200 million, which is the first phase of a broader operation of €300 million. Over the … Read the full press release

ANDRITZ’s Cutting-edge Technology Enhances Tissue Manufacturing at Kartogroup España’s Burriana Facility

(IN BRIEF) ANDRITZ, a global technology group, has successfully implemented a project at Kartogroup España’s Burriana mill in Spain, involving the installation of advanced equipment aimed at enhancing the efficiency and sustainability of tissue production. Pascual Gómez, COO of Kartogroup, … Read the full press release

Digi Communications N.V. announces the conclusion of a Senior Facility Agreement by companies within Digi Group

(IN BRIEF) On June 3, 2024, Digi Communications N.V. announced that it, along with its Romanian subsidiary Digi Romania S.A. and Digi Spain Telecom S.L.U., has finalized a Senior Facility Agreement. This agreement includes a term loan of EUR 150 … Read the full press release

Ericsson and Telcaria Collaborate to Enhance Energy Efficiency in 5G Networks

(IN BRIEF) Ericsson and Telcaria have joined forces to improve the energy efficiency of 5G networks as part of the ‘6G DAWN’ project overseen by CTTC and funded under Spain’s government initiatives. Focused on optimizing private 5G networks for reduced … Read the full press release

Repsol and Amazon Join Forces for Convenient Returns at Spanish Service Stations

(IN BRIEF) Repsol and Amazon have launched a pioneering returns service in Spain, leveraging Repsol’s extensive service station network. Over 700 Repsol stations already offer customers the convenience of returning Amazon purchases without labels or boxes, with plans for further … Read the full press release

VELUX Group Achieves 100% Renewable Electricity Goal with Completion of Agri-PV Solar Park in Spain

(IN BRIEF) The VELUX Group celebrates the completion and full operation of a 54 MWp photovoltaic (PV) solar park in Alhendín, Spain, developed by BayWa r.e. under a Power Purchase Agreement (PPA). This innovative Agri-PV installation combines renewable energy generation … Read the full press release

EIB Boosts Healthcare Infrastructure in Castilla y León with €120 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has committed €120 million in the first tranche of financing, out of a total of €175 million, to the regional government of Castilla y León in Spain. The loan aims to facilitate the … Read the full press release

EIB Partners with Castilla y León Government to Boost SMEs with €25 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has inked a €25 million loan agreement with the regional government of Castilla y León through the Institute for Business Competitiveness of Castilla y León (ICECyL), aiming to support small and medium-sized enterprises … Read the full press release

Lightsource bp Partners with CSIC to Study Lesser Kestrel Habitat Use in Andalusia

(IN BRIEF) In a collaborative effort, Lightsource bp has teamed up with scientists from the CSIC Biological Station in Spain to conduct a groundbreaking study on the habitat use of Lesser Kestrels in Andalusia. Nine kestrels have been equipped with … Read the full press release

Philips Launches Nationwide Ambulatory Cardiac Monitoring Service in Spain

(IN BRIEF) Royal Philips has successfully introduced its ambulatory cardiac monitoring service nationwide in Spain, employing its wearable ePatch paired with the AI-driven Cardiologs analytics platform. Fourteen healthcare providers across Spain are utilizing the ePatch extended wear Holter monitors to … Read the full press release

EIB and MicroBank’s €200 Million Boost to Spanish Entrepreneurs

(IN BRIEF) The European Investment Bank (EIB) and MicroBank have partnered to provide a €200 million loan, aimed at empowering small businesses and self-employed individuals in Spain. With MicroBank contributing an additional €100 million, this initiative seeks to address the … Read the full press release

EU Blue Champions Program Unveils Top Ocean Innovators, Promotes Sustainable Growth

(IN BRIEF) The European Commission and the European Investment Bank revealed the 20 selected “EU Blue Champions,” representing diverse sectors such as tidal and wind energy, underwater robotics, and satellite data applications. Chosen from Croatia to Sweden, these champions demonstrated … Read the full press release

EIF Backs €100 Million Investment for Underprivileged Students’ Education in Germany and Spain

(IN BRIEF) The European Investment Fund (EIF) has committed to guaranteeing over €100 million in financing through three intermediaries in Germany and Spain. Aimed at providing better access to education and training for underprivileged students and learners, the initiative is … Read the full press release

Alstom Expands Manufacturing for Renfe’s High-Capacity Commuter Trains

(IN BRIEF) Alstom’s industrial site in Catalonia welcomed Spanish Minister of Transport and Sustainable Mobility, Oscar Puente, and Renfe President, Raül Blanco, for a tour showcasing the innovative manufacturing process for the 201 new Coradia high-capacity commuter trains being produced … Read the full press release

Logicor’s Solar Initiative: Powering Sustainable Logistics in Spain

(IN BRIEF) Logicor, Europe’s leading logistics real estate owner, manager, and developer, has completed the installation of a 532 kWp photovoltaic (PV) plant near Girona, Spain. This initiative aims to reduce carbon emissions by 180 tons annually while providing sustainable … Read the full press release

EIF Commits €40 Million to Boost Sustainable Agriculture in Europe

(IN BRIEF) The European Investment Fund (EIF) is allocating €40 million to support the European Agri Transition Fund, aimed at fostering a fairer, healthier, and more sustainable food system in Europe. Managed by INOKS Capital, the fund targets SMEs and … Read the full press release

ICO and EIF Boost Aquisgrán Fund by €110 Million to Support Spanish SMEs

(IN BRIEF) Spain’s Aquisgrán fund, launched in 2021 by SGR-Cesgar and supported by the Ministry of Industry through CERSA, receives a significant investment boost of €110 million from Instituto de Crédito Oficial (ICO) and the European Investment Fund (EIF). With … Read the full press release

DWS Expands European Infrastructure Portfolio with Acquisition of Solar PV Plants in Spain

(IN BRIEF) DWS, a prominent asset manager, has finalized an agreement with global renewable energy developer X-ELIO to acquire three solar photovoltaic (PV) plants in Spain as part of its European infrastructure investment strategy. With a combined capacity of 147 … Read the full press release

Accenture Strengthens European Foothold with Acquisition of Axis Corporate in Spain

(IN BRIEF) Accenture (NYSE: ACN) has bolstered its European presence with the acquisition of Axis Corporate, a renowned Spanish management and technology consulting firm specializing in financial services. With a focus on strategy and technology, Axis Corporate brings expertise in … Read the full press release

CEB Approves €1.3 Billion in Loans Across Europe for Social Sector Investments

(IN BRIEF) The Council of Europe Development Bank (CEB) has approved 11 new loans totaling €1.3 billion across various countries and sectors. These loans aim to address critical social issues such as microfinance, healthcare, education, and post-disaster reconstruction. Among the … Read the full press release

Eurojust Coordinates Cross-Border Arrests in Cannabis Trafficking Case

(IN BRIEF) Eurojust has facilitated the collaborative efforts of Swedish and Spanish authorities leading to the arrest of four individuals implicated in the wholesale and transportation of cannabis and other illegal substances. The operation, centered around a main suspect allegedly … Read the full press release

Eviden Secures Multicloud Agreement with AMTEGA for Galician Public Sector Digitization

(IN BRIEF) Eviden, a business within the Atos Group specializing in digital transformation, has been awarded a two-year Multicloud Agreement by the Galician Agency for Technological Modernization (AMTEGA), signaling a significant step forward in the digitization of Galicia’s public sector. … Read the full press release

Rheinmetall Secures €208 Million Spanish Ammunition Deal: Strengthens Position in European Artillery Market

(IN BRIEF) The Spanish government has awarded Rheinmetall a contract worth approximately €208 million for the supply of 94,200 155mm artillery rounds. These rounds, to be delivered between late 2024 and late 2025 with a potential two-year extension, underscore Rheinmetall’s … Read the full press release

Logicor Completes BTS Development, Enhancing Logistics Infrastructure in Sant Feliu de Buixalleu

(IN BRIEF) On March 11, 2024, Logicor, a prominent European logistics real estate owner, manager, and developer, finalized the build-to-suit (BTS) development of a warehouse spanning over 16,000 square meters in Sant Feliu de Buixalleu, Spain. This facility, leased to … Read the full press release

Vertiv and Telefónica Extend Collaboration to Enhance Energy Efficiency Across Spain’s Telecom Network

(IN BRIEF) Vertiv and Telefónica are extending their collaboration agreement to enhance energy efficiency across Telefónica’s network core sites in Spain. Building upon the success of their pilot project, which reduced energy consumption by 20% at one of Telefónica’s key … Read the full press release

Telefónica Tech and Teradata Forge Alliance to Drive AI Innovation in Spain

(IN BRIEF) Telefónica Tech has partnered with Teradata to enhance its services portfolio, offering Teradata’s cloud analytics and data platform alongside its advanced professional services. With products like ClearScape Analytics and VantageCloud, the alliance aims to simplify AI model development, … Read the full press release

EIB and Otua Group Partner to Drive Circular Economy in Spain with €40 Million Investment

(IN BRIEF) The European Investment Bank (EIB) and Otua Group have collaborated on a €40 million loan to facilitate the construction of a new recycling plant for automotive waste plastics and the upgrade of existing metal waste processing facilities. This … Read the full press release

UAE’s EDGE Group and Spain’s Indra Forge Strategic Radar Technology Joint Venture

(IN BRIEF) UAE-based EDGE Group and Spain’s Indra Sistemas have formalized a joint venture agreement to develop and manufacture next-generation radar systems in Abu Dhabi. The agreement, facilitating access to nearly 300 radar system orders, aims to expand both companies’ … Read the full press release

Enel Grids’ Renewable Connections Soar, Adding 7.9 GW in 2023

(IN BRIEF) Enel Grids, Enel Group’s electricity distribution arm, achieved a record-breaking milestone in 2023 by connecting nearly 540,000 new producer-prosumer connections globally, adding 7.9 GW of renewable capacity to its grids. Italy leads with 1.5 million connections, while Spain … Read the full press release

Rheinmetall Secures €300 Million Order for Guided Artillery Rockets

(IN BRIEF) Rheinmetall has clinched a substantial contract to supply a European NATO member with multiple rocket launcher ammunition, marking the company’s foray into rocket artillery and showcasing its strategic portfolio expansion. Valued at over €300 million, excluding VAT, the … Read the full press release