eib

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Iberdrola’s Q1 Profit Soars 40% to $1.6 Billion on Higher Demand in Europe

Spain-based independent power producer Iberdrola recorded a net profit of €1.5 billion (~$1.6 billion) for the first quarter (Q1) of the financial year (FY) 2023, an...

April 28, 2023

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Gautamee Hazarika

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Markets & Policy

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Other

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Renewable Energy
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EIB Lends €450 Million to Portugal for Transmission System Upgradation

The European Investment Bank (EIB) has agreed to lend €450 million (~$485 million) to Portugal-based energy company Redes Energéticas Nacionais (REN) for renewable...

March 27, 2023

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Arjun Joshi

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Finance and M&A

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Grid
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EU Bank to Provide $1.1 Billion to Develop Green Hydrogen Hubs in India

The bank of the European Union, European Investment Bank (EIB), said it has signed a memorandum of understanding (MoU) with India Hydrogen Alliance (IH2A) to provide €1...

February 8, 2023

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Sumit Jha

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Other

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Renewable Energy
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Aquila Capital Raises €1 Billion for 2.6 GW of Renewable Energy Projects in Southern Europe

Aquila Clean Energy, a clean energy development platform of Germany-based asset manager Aquila Capital, has secured €1 billion (~$1.005 billion) from the European...

September 12, 2022

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Gourav Mishra

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Finance and M&A

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Other
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Daily News Wrap-Up: JSW Renewable Energy Commissions a 225 MW Solar Project in Karnataka

Here are some noteworthy cleantech announcements of the day from around the world: JSW Renewable Energy (Vijayanagar), a 100% subsidiary of JSW Energy, announced the...

April 12, 2022

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Satish Shetty

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Other

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Renewable Energy
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Daily News Wrap-Up: Azure Power Refinances its 600 MW ISTS-Connected Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: Independent power producer Azure Power has refinanced its existing project finance...

February 23, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: SBI Partners with Tata Power to Finance Solar Projects

Here are some noteworthy cleantech announcements of the day from around the world: State Bank of India (SBI) launched a dedicated centralized processing cell –...

February 2, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: SJVN, PTC Sign Agreement to Supply RTC Renewable Power

Here are some noteworthy cleantech announcements of the day from around the world SJVN Limited has signed a pact with PTC India to develop products for supplying...

November 29, 2021

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Harsh Shukla

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Other

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Renewable Energy
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Funding and M&A Roundup: ENGIE ESPANA Acquires Spanish Solar Project Developer

From: Mercom Capital Group ENGIE ESPAÑA has acquired Sofos Energía, a company specializing in developing, processing, designing, construction, and operating solar PV...

November 1, 2021

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Staff

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Finance and M&A

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Solar
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About 45% of EU Firms Have Reported Investments to Fight Climate Change: EIB Report

European Investment Bank (EIB) recently published the report “European firms and climate change 2020/2021: Evidence from the EIB Investment Survey”. The...

August 19, 2021

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: Ashok Leyland’s UK Arm Acquires EV Company Switch Mobility

Here are some noteworthy cleantech announcements of the day from around the world: In a BSE disclosure, Ashok Leyland has announced that Switch Mobility Limited, UK –...

June 22, 2021

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Srinwanti Das

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Other

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Renewable Energy
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Project Finance Brief: Sonnedix Raises €172 Million to Refinance its Solar Projects

From: Mercom Capital Group Sonnedix Japan, the Japanese subsidiary of global solar independent power producer Sonnedix, has achieved financial close of €172 million...

May 17, 2021

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Staff

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Finance and M&A

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Other
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EIB and SBI Launch €100 Million Climate Action and Sustainability Financing

In a significant development, the European Investment Bank (EIB) and the State Bank of India (SBI) have launched a new initiative of €100 million (~$121.63 million) for...

May 11, 2021

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Rakesh Ranjan

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Finance and M&A

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Other
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Daily News Wrap-Up: $421 Million of Loanpal Residential Solar Loans Securitized

Here are some noteworthy cleantech announcements of the day from around the world: Loanpal, an American point-of-sale technology platform for sustainable home solutions,...

April 6, 2021

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Rahul Nair

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Other

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Renewable Energy
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Daily News Wrap-Up: EIB Approves €688 Million to Support Solar and Wind Expansion

The European Investment Bank (EIB) has approved €3.7 billion (~$4.42 billion) for business investment, renewable energy, and upgrading hospitals, schools, internet...

March 16, 2021

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Rakesh Ranjan

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Other

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Renewable Energy

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