Business
Green loan demand rises as businesses embrace sustainability
A significant portion of EU grants is allocated to support sustainable initiatives, further driving the rise in these types of loans.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
DN AGRAR Group is set to invest €3.4 million in a new compost plant and the installation of solar panels on the rooftops of buildings at three of its farms.
Amazon Poland announced that the first of its four solar and wind projects, with a combined capacity of 140 MW, has begun generating electricity.
Most Romanian firms – 90% – have acted to reduce greenhouse gas emissions, in line with companies elsewhere in Europe, according to a European Investment Bank (EIB) Group survey.
E.ON Energie Romania has officially entered the green energy production sector after completing the construction of a photovoltaic power plant for the Webasto factory in Arad.
Kajima Poland, a subsidiary of Japan's Kajima Corporation, has completed an 11.6-MW photovoltaic (PV) plant for NGK Ceramics' Polish unit.
Amazon and Iberdrola have expanded their global renewable energy partnership by adding 476MW of new power purchase agreements (PPAs) across five countries.
PPC Renewables Romania, a subsidiary of the PPC Group, has launched a new control room designed to optimize the production across its expanding portfolio of wind and solar parks.
DRI, the EU renewables arm of Ukrainian energy company DTEK, announced plans to develop a 120 MW wind farm in Croatia.
Amazon has added 100 new renewable energy projects, bringing its total capacity to over 33 gigawatts, solidifying its position as the largest corporate buyer of renewable energy.
Simtel Team's management has announced the opening of a new subsidiary in Essen, Germany, marking a significant milestone in the Group's international expansion strategy.
FAN Courier, a leading Romanian logistics company, has allocated an investment budget of 40 million euros for 2025, including in renewable energy.
It is still a long way to embedding ESG principles into corporate culture, operations, and decision-making processes. That was the main takeaway from a panel at CEE ESG Forum 2024 organised by Property Forum and Green Forum in Vienna last November.
Danish turbine manufacturer Vestas has revealed plans to build a new blade factory in Szczecin, Poland, in response to increasing demand across Europe and globally.
Hungarian energy firm Alteo plans to expand its presence in Central Europe and the Balkans, aiming to significantly grow its renewable energy portfolio.
Renalfa IPP, an independent energy developer and producer based in Vienna, has acquired a 258 MWac photovoltaic (PV) project located in Teleorman, Romania.
PPC Energie and PPC Energie Muntenia, both part of the PPC Group in Romania, will merge.
Henkel aims to become climate-positive by 2030, meaning it will generate more clean energy than it consumes, going beyond carbon neutrality.
Exus Renewables has announced its expansion into Poland with the acquisition of two significant wind farm portfolios.
MOL has expanded its renewable energy capabilities by acquiring Naperőmű Farm, a company behind the development of a 66 MW solar power plant in Ballószög, Hungary.
Dutch-based DRI has signed Romania's largest physical solar power purchase agreement (PPA) with leading oil and gas company OMV Petrom.
MVM and E.ON have finalized an agreement for the sale and purchase of E.ON's energy retail and customer solutions business in Romania.
EBRD has increased its equity stake in Sunly, a renewable-energy developer and Independent Power Producer of power, with a €36 million investment.
TotalEnergies announced its agreement to purchase VSB Group, a German renewable energy developer, for €1.57 billion from Swiss asset manager Partners Group.
A significant portion of EU grants is allocated to support sustainable initiatives, further driving the rise in these types of loans.
Polish energy group Orlen announced that its subsidiary, Energa Operator, has secured a €1.8bn loan to modernize the power grid, preparing it for the integration of renewable energy sources.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
The European Investment Bank (EIB) is providing a €240 million loan to Slovakia for co-funding of EU-supported green and digital projects across the country.
In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands.
