Finance | 20 November, 2024 at 8:16 PM
EU leads the way in green finance
The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.
The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.
Electrica's shareholders have approved the issuance of green bonds, supporting the company's strategy for energy transition and sustainable development, with a cap of up to €500 million.
The European Bank for Reconstruction and Development has priced its largest ever green bond transaction, issuing a €1 billion 7-year benchmark.
Regarding environmental impact, the funded projects have resulted in annual savings of over 42,000 tons of CO2.
The company disclosed its proposal to shareholders to endorse a cap of €300 million for the issuance of green bonds.
The total value of the €4 billion bond issuance had a final subscription of over €14.8 billion.
The E.ON Group has announced that it is issuing green bonds of €1.5 billion, in the first days of 2024.
E.ON Group has issued green bonds of €1.5 billion, as pre-financing for 2024.
Restart Energy announced the completion of the implementation of a photovoltaic panel system worth €160,000 for the Geneza Comimpex company. The project consisted of the installation of 428 panels at the Geneza Supermarket in Târgu-Neamț, Neamț county, on an area of 1,200 sqm, with a power of 194.4 kWp.
Romania is increasingly positioning itself as a promising destination for green investments, with several sectors showing strong potential.
L'Oréal has announced that, as of December 2024, all its European operations—including factories, offices, and distribution centers—are now powered entirely by renewable energy.
Europe's energy landscape stands at a transformative crossroads, as hybrid solar technology emerges as a powerful solution, capable of significantly enhancing the efficiency, reliability, and affordability of renewable energy systems.
The Polish government has submitted to parliament a long-awaited draft amendment to the legislation governing onshore wind farm investments.
Ocean Winds, a joint venture equally owned by EDP Renováveis and Engie, has selected Polish firm Crist Offshore to deliver the offshore substation for its 500 MW BC-Wind project.
