Tag: EIB (13 articles)

Finance   |   19 May, 2023 at 5:30 PM

EIB to finance 100 MW solar power project in Kosovo

The EIB Global delegation led by Vice-President Lilyana Pavlova visited Pristina to discuss cooperation opportunities aiming to strengthen connectivity, energy security, and the private sector in Kosovo. EIB intends to contribute to the transition to a low-carbon economy by supporting the development of a 100 MW solar power plant in the Obiliq area, as well as strengthening connectivity by supporting sustainable transport infrastructure.

Business   |   29 March, 2023 at 12:34 PM

Romanian companies perceive climate change as a threat to their business

Romanian businesses perceive climate change and access to finance as threats to their businesses, an EIB investment survey shows. 69% of the surveyed Romanian companies say that climate change has a negative impact. Also, a third of Romanian companies have invested in improving energy efficiency in the last year, close to the EU average of 40%.

Finance   |   8 February, 2023 at 10:17 AM

EIB supports investments in climate-friendly startups

EIB and Czech fund Inven Capital have doubled up on their strategic partnership, with the EIB committing a further €50 million to fund innovative clean-tech and decarbonisation startups. The EIB invested the initial €50 million alongside Inven over the period 2017-2022.

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Energy

Orlen secures €1.8 billion for grid upgrade

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.

Business

OMV Petrom builds sustainable fuels unit

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.

Energy

TotalEnergies and Liquide decarbonize refineries

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.