Finance | 25 April, 2025 at 4:00 PM
EIB funds PGE's renewable energy expansion
European Investment Bank and PGE Polska Grupa Energetyczna seal new financing agreement worth over €525 million.
European Investment Bank and PGE Polska Grupa Energetyczna seal new financing agreement worth over €525 million.
European Investment Bank and Polish railway infrastructure manager PKP Polskie Linie Kolejowe S.A. sign new loan agreement to advance sustainable transport.
The Lille Metropolitan area (Métropole européenne de Lille) has been awarded a green loan of €245 million by the European Investment Bank (EIB) to fund its public transport network and cycling paths.
Nokian Tyres has signed a €150 million loan agreement with the European Investment Bank (EIB).
The European Commission has launched the Climate City Capital Hub, a finance resource to support cities participating in the EU Mission on Climate-Neutral and Smart Cities.
The real estate, renewable energy, and transportation sectors are frontrunners for sustainable practices, alongside the public sector which should play an important role.
Romanians believe that climate change can only be managed if inequalities are simultaneously eliminated.
A new study finds an estimated investment gap of €6.7-8.6 billion must be closed to achieve Europe's pledged goal of placing on the EU market each year 10 million tonnes (Mt) of plastic recyclates in final products by 2025. Plastic packaging is the biggest contributor to the plastic waste problem and 25 companies are responsible for half of the world's plastic production.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.
European companies are facing widespread challenges as they attempt to comply with the EU's new sustainability reporting standards, according to recent findings from the European Financial Reporting Advisory Group (EFRAG).
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
