Finance

Green Forum   |   21 May, 2025 at 8:27 PM

EBRD invests €76 million in VGP green bond expansion

The European Bank for Reconstruction and Development (EBRD) has subscribed €76 million under VGP's existing green bond programme. VGP is a pan-European developer of premium logistics and semi-industrial real estate.

Green Forum   |   13 March, 2025 at 7:53 PM

EIB financing in Poland hit €5.7 billion in 2024

The European Investment Bank (EIB) Group's financing in Poland rose 10% on the year in 2024, reaching €5.7 billion and helping accelerate modern development of cities and regions, as well as energy transition.

Green Forum   |   10 March, 2025 at 8:04 PM

EU approves €436 million aid for hydrogen in Austria and Lithuania

The European Commission has approved, under EU State aid rules, a €400 million Austrian State aid scheme, and a €36 million Lithuanian State aid scheme, to support the production of renewable hydrogen through the European Hydrogen Bank's “Auctions-as-a-Service” tool for the auction closing in 2025.

Green Forum   |   5 February, 2025 at 8:14 AM

CaixaBank and BPI fund R.Power €38.6M for solar

Power, one of the largest independent renewable energy producers in Europe, has announced its first international project finance agreement with CaixaBank, S.A. and Banco BPI, totaling €38.6 million.

Green Forum   |   25 December, 2024 at 4:08 PM

Romania offers solar and wind grants to agri-food firms

The Agency for Financing Rural Investments (AFIR) has launched a new funding call, offering €150 million in grants for photovoltaic and wind power projects for self-consumption in Romania.

Green Forum   |   23 December, 2024 at 3:59 PM

EU surpasses €300 billion in RRF funding

The European Commission allocated €26.8 billion in loans and grants under the Recovery and Resilience Facility (RRF) to Czechia, Germany, Italy, Portugal, and Romania.

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Industry

Lidl Romania exceeds 2030 sustainability targets early

Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.

Energy

Dentons advises OX2 on 235 MW Romanian wind acquisition

Global law firm Dentons has advised OX2 on acquiring three wind power projects totaling 235 MW in Romania from Future Power. The projects, located in Vaslui and Vrancea counties, are expected to be commissioned between 2028 and 2030, subject to permitting.

Energy

Turkish investors pour millions into Romanian green energy

Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.

Business

Cost remains main driver and biggest barrier in sustainability

51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.