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CSRD

green energy

investment

waste management

mobility

carbon emissions

interviews

Business

EIB grants €250 million loan to WDP for green energy

Green Forum

29 July, 2024 at 9:00 AM

The European Investment Bank (EIB) will provide a €250 million loan to the Belgian developer Warehouses De Pauw (WDP), which constructs and leases logistics spaces across Europe.

This loan is intended to install solar panels on rooftops and increase the number of electric vehicle charging stations for tenants.

The loan has a maximum duration of ten years, and the funds will be directed towards existing WDP logistics centers, primarily in Belgium, the Netherlands, and Romania.

The credit is part of the EIB's contribution to the REPowerEU plan, aimed at ending Europe's dependence on fossil fuel imports. It will also reduce the carbon footprint of WDP and its clients.

The new solar panels are expected to generate up to 350 gigawatt-hours (GWh) of renewable electricity annually, sufficient to meet the consumption needs of 150,000 people in Europe, according to the EIB. A significant portion of this electricity will be used on-site, and the energy improvements will enhance the value of the buildings.

Companies from Romania to access over €800 million of funds for green energy investments

More than €800 million in non-reimbursable funds for investments in green energy projects will be available within the next few weeks.

Finance

EBRD invests €35 million in first green bond issued by Erste Croatia

EBRD invested €35 million in a green bond issued by Erste & Steiermärkische Bank (ESB), the Croatian subsidiary of Austria's Erste Group Bank AG.

Environment

ALRO invests €2.5 million in heat treatment furnace to reduce CO2 emissions

ALRO has purchased an aluminium aging furnace with electric heating from SECO/WARWICk.

Energy

Oradea builds photovoltaic park with European funds

Eight companies or associations of companies have submitted bids for the construction of the photovoltaic park next to the Multipurpose Hall Oradea Arena.

Mobility

Arctic introduces 100% electric utility vehicles to its fleet

The initiative is part of the company's sustainability strategy and a first step in the transition to a green fleet.

Environment

Romania ranks last in EU for municipal waste production and recycling

In 2022, Romanians were in last place in the European Union in terms of municipal waste production and recycling, according to data published by Eurostat.

Industry

ROCA Investments to expand solar power capacity across all locations

Reducing carbon emissions and increasing the share of renewable energy and the development are the objectives of Roca's sustainability strategy for 2024.