Tuesday, June 28, 2022

HomeFinance

Finance

EBRD lends Moldova €300 million to safeguard energy security

The European Bank for Reconstruction and Development (EBRD) is lending Moldova 300 million euros to boost its energy security by acquiring strategic gas reserves to supplement those currently provided by Russia through Ukraine.

European Commission raises €5 billion in NextGenerationEU green bonds

The European Commission has issued a further 5 billion euros in NextGenerationEU green bonds in the 10th syndicated transaction under the NextGenerationEU recovery instrument.

Poland’s largest PV farm gets financing from three banks

Dentons has advised a consortium of three banks on the 165 million euros financing provided to Goldbeck Solar and Respect Energy for the construction of the largest standalone PV farm in the Poland.

2.4 billion euros from the Modernisation Fund to support CEE energy systems

The Modernisation Fund made available 2.4 billion euros to 7 beneficiary countries to help modernise their energy systems, reduce GHG emissions in energy, industry and transport and support them in meeting their 2030 climate and energy targets.

EPSO-G issues first sustainability-linked bond in the Baltics

EPSO-G went public on the capital markets and issued a sustainability-linked bond issue and in this way is set to raise 75 million euros.

Baltics and Polish TSOs receive 170 million euros for the phase 2 part II of the synchronisation

The Baltic’s and Poland’s TSOs signed the grant agreement with CINEA for 170 million euros of EU support which will help to finance the project Phase 2 part II of the Baltic Synchronisation. 

Ukrenergo to receive 97 million euros EBRD loan to ensure liquidity

Ukrenergo will receive 97 million euros support through EBRD after the UK announced to further contribute to ensure the stable operations of the company in the ongoing war situation.

Three Seas Initiative Investment Fund signs agreement to invest in greenfield gas infrastructure in Romania

Transgaz signed a roadmap agreement with the Three Seas Initiative Investment Fund to collaborate on the construction of planned greenfield gas infrastructure in Romania.

EU agrees on 21.4 billion euros to support Czechia’s green and digital transition

The European Commission adopted its Partnership Agreement with Czechia, laying down the country's cohesion policy investment strategy worth 21.4 billion euros for the period 2021-2027.

EIB supports the construction of zero-emission electric transport shipping vessels in Lithuania

The European Investment Bank and the Lithuanian Inland Waterways Authority signed an advisory services agreement to support the construction of zero-emission electric transport shipping vessels.

To be energy independent means to cooperate and scale up different technologies

From the perspective of the green transition, is energy independence the right word to use? Especially CEE countries must insist on regional cooperation.

MET’s corporate bond assigned a green rating

MET Group’s Hungarian Solar Park corporate bond, issued in December 2021, has received a green rating from Sustainalytics. This is the first time in Hungary that a bond has been given a green rating retrospectively.

Most Read