EBRD will advance the broader use of innovative financial instruments in Poland by signing a synthetic securitisation deal and new lending commitment with Bank Millenium.
Multilateral Development Banks (MDBs) announced that their global climate finance reached a record high of €118 billion in 2023, a significant increase compared to 2019 levels.
Banca Transilvania financed the company STC Partners with €10 million for the expansion of the Quartier Azuga residential complex in Bucharest's Tei area by more than 100 homes.
The European Investment Bank Group has announced that a record €49 billion was invested in green finance at the level of 2023.
IFC is concluding a partnership with Raiffeisen Bank to boost sustainable growth in Romania.
A significant portion of EU grants is allocated to support sustainable initiatives, further driving the rise in these types of loans.
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.
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.
The European Investment Bank (EIB) is providing a €240 million loan to Slovakia for co-funding of EU-supported green and digital projects across the country.
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.
