Tag: Finance

Vestas Narrows 2024 Financial Outlook Amid Service Segment Adjustments

Vestas has revised its financial outlook for 2024, narrowing its expected EBIT margin before special items to 4-5%, down...

Voltalia Secures EUR 294 Million in Syndicated Loans for Debt Refinancing

Renewable power plants operator Voltalia SA has secured EUR 294 million (USD 320.8 million) in syndicated loans to refinance...

Iberdrola Secures €500 Million Green Loan to Finance Renewables in Italy, US, and Australia

Iberdrola, along with ICO, Sabadell, and HSBC, has secured a syndicated green loan of €500 million to finance 897...

EIB and Haizea Wind Group Sign €35m Green Loan Agreement

The European Investment Bank (EIB) and Haizea Wind Group have entered into a €35 million green loan agreement. This...

EIB Announces €500m Counter-Guarantee to Support Wind Turbine Manufacturing

The European Investment Bank (EIB) has announced a €500 million counter-guarantee agreement with Deutsche Bank to bolster Europe's wind...

Zhejiang Akcome New Energy Technology Files for Bankruptcy at Subsidiary

Chinese solar module producer Zhejiang Akcome New Energy Technology has filed for bankruptcy at its subsidiary, Zhejiang Akcome Photoelectricity...

Enhol to Invest EUR 64 Million in Two Navarre Solar Farms

Spanish diversified corporate group Enhol is set to invest EUR 64 million (USD 69.2 million) in the construction of...

U.S. and Brazil Launch Climate Partnership Agenda

The U.S. and Brazilian governments unveiled a climate partnership agenda on Friday, aiming to strengthen cooperation on climate and...

DEPA Secures EUR 390 Million Loan for 800 MW Solar Project in Greece

DEPA Commercial, the commercial arm of Greece's state-controlled natural gas supplier Public Gas Corporation of Greece AE, has secured...

VH Global Sustainable Energy Acquires Major Stake in Renewable Assets

VH Global Sustainable Energy Opportunities plc (GSEO) announced a deal to become the largest shareholder in a portfolio of...

EIB and Prysmian Sign €450 Million Finance Contract for Renewable Energy Transmission

The European Investment Bank (EIB) and Prysmian have signed a €450 million finance contract to enhance electricity transmission and...

Kitemill Secures Multi-Million Euro Grant to Advance Airborne Wind Technology

Airborne wind energy developer Kitemill has been awarded a €2.5 million grant from the European Innovation Council (EIC) to...