Tag: The European Investment Bank (26 articles)

Industry   |   12 December, 2024 at 9:00 PM

EIB and Commerzbank strengthen Europe's wind industry

The European Investment Bank (EIB) is using again its €5 billion initiative to support manufacturers of wind-energy equipment in Europe by extending a €500 million counter-guarantee to Germany-based Commerzbank AG.

Finance   |   11 September, 2024 at 8:06 PM

EIB funds wind farm in Austria

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).

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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.