Finance
Raiffeisen Bank boosts green finance
Raiffeisen Private Banking, Romania's leading private banking service, has reached the €1 billion mark in investment products.
EBRD will loan up to €31.6 million to Hrvatska Elektroprivreda d.d. (HEP), Croatia's national energy company.
The Board of Directors of the European Investment Bank (EIB) approved a total of €5.8 billion of fresh financing for projects ranging from clean energy in Poland.
The European Commission acknowledged the European Court of Auditor's (ECA) comprehensive evaluation of the 2023 EU budget, as outlined in its Annual Report.
The European Investment Bank (EIB) and Intesa Sanpaolo have agreed on a new initiative with the potential to unlock investment of up to €8 billion for the European wind industry.
EBRD supported the expansion of renewable energy developer Green Genius with an equity investment of €100 million.
EBRD plans to provide a sovereign loan of up to €100 million to enhance energy efficiency in up to 70 schools across Serbia.
Romgaz successfully concludes the first issue of bonds on the international markets.
EIB and BNZ have signed a €166 million loan to support the deployment of 17 solar photovoltaic plants across Spain, Italy, and Portugal.
The European Investment Bank (EIB) will finance the construction of a new wind farm in Lower Austria with an initial loan of €20.1 million to WEB Windenergie AG (W.E.B).
EBRD will provide a loan of €55 million to Turkey's Borusan EnBW Enerji to finance the development and construction of 116 MW of onshore wind-energy capacity.
European non-reimbursable funding for the energy sector has exceeded €14 billion, with €5.5 billion allocated to green energy production and €1.5 billion earmarked for the transport and distribution of electricity.
In the first part of this year, UniCredit set sustainability targets to further reduce both its direct environmental impact and the exposure of its loan portfolio to controversial sectors.
EBRD and Raiffeisen Bank International are jointly providing€110 million to finance the construction and operation of two solar photovoltaic power plants.
BRD Groupe Société Générale has entered into a new partnership agreement with the European Investment Fund (EIF) to guarantee loans that finance sustainable projects.
This deal will support Nala Renewables' €214 million acquisition and development of a 99.2 MW onshore wind project in eastern Romania.
EBRD will provide a €25.1 million loan to Elektroprivreda Bosne i Hercegovine (EPBiH) to develop and construct a 50 MWp solar power plant on a former coal ash landfill site.
The European Commission has approved, under EU State aid rules, a €99.5 million Romanian measure in favor of Nokian Tyres.
EIB has provided a €50 million green loan to Matrix Renewables for the development of five solar photovoltaic plants with a combined capacity of 240 MW in Spain.
Romania's renewable energy sector has seen significant growth in the past few years and it offers further potential to achieve the planned climate neutrality in the year 2050.
EIB will launch a €5 billion initiative to bolster wind-energy equipment manufacturing in Europe by providing a €500 million counter-guarantee to Deutsche Bank AG.
Vista Bank (Romania) and Optima Bank (Greece) arranged a syndicated loan of €61 million for Premier Energy Group.
The European Commission has approved a €1.2 billion scheme by Spain to invest in renewable hydrogen production, aiding the transition to a net-zero economy.
The World Bank Group's Board of Executive Directors has approved a Development Policy Loan (DPL) for Romania, amounting to €599.1 million.
Patria Bank secured a €25 million financing agreement with EIB, one of the world's largest multilateral financing institutions and a major provider of climate finance.
BAT aims to achieve a 50% reduction in our Scope 1, 2 & 3 emissions by 2030 and to be Net Zero across their value chain by 2050.
Strabag and Polenergia have signed a contract for the supply of green energy from renewable sources. The contract with one of the market leaders in the construction industry was concluded by Polenergia Sprzedaż.
Raiffeisen Private Banking, Romania's leading private banking service, has reached the €1 billion mark in investment products.
Croatian food and pharmaceutical producer Podravka has completed a €5 million investment in rooftop solar panels as part of its sustainability strategy.
Sonnedix, a global independent solar power producer, has officially opened a 21MW solar cluster in the Podlasie region of north-east Poland.