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Fortum to Divest 500 MW of Solar Power Plants in India – Agreement With Actis For Solar Investments

Fortum has signed an agreement to divest the 250-MW Pavagada II and the 250-MW Rajasthan solar power plants in India to Actis, a global infrastructure investment firm. The total consideration from the divestment on a debt and cash-free basis, including the effect of deconsolidating of the net debt, is expected to be approximately EUR 280 […]

Etrion Completes Sale For JPY 8.252 Billion of Three Japanese Operating Solar Projects to Japanese Consortium

GENEVA : Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, today announced that it has completed the sale of its interests in the Company’s 13.2 MW Komatsu, 24.7 MW Shizukuishi and 9.3 MW Mito operating solar energy projects (collectively the “3 Projects”) to companies established by Development Bank […]

Air Liquide, Airbus And Groupe ADP Partner to Prepare Paris Airports For The Hydrogen Era

Air Liquide, Airbus and Groupe ADP have signed a Memorandum of Understanding (MoU) to prepare for the arrival of hydrogen in airports by 2035 as part of the development of hydrogen-powered commercial aircraft. The partners will leverage their respective expertise to support the decarbonization of the aviation industry and to define the concrete needs and […]

EUR 56 Billion EIB Response to COVID-19 Crisis, Climate Action And Stronger Development Focus Welcomed By EU Finance Ministers

President Hoyer confirms EUR 56 billion EIB Group backing for COVID response since pandemic EUR 24 billion increased EIB support for climate action EIB to enhance impact of engagement and presence outside Europe Finnish Finance Minister Annika Saarikko to be new chair of EIB Board of Governors European finance ministers today welcomed the European Investment […]

EIB Approves EUR 4.1 Billion Financing For Renewable Energy, Clean Transport, COVID Recovery, Social Housing And Education

EUR 1.4 billion for renewable energy EUR 1.2 billion to support investment by companies impacted by COVID and corporate RDI EUR 946 million for sustainable transport EUR 306 million for education and social housing The European Investment Bank (EIB) today approved EUR 4.1 billion of new financing to accelerate renewable energy investment, support COVID-19 economic […]