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European Investment Bank provides $720 million for Scottish electricity grid

The European Investment Bank on Wednesday will offer 500 million pounds ($719.70 million) to aid connect Scotland's green energy schemes such as wind, wave and tidal to the electricity grid.

read more... 31/03/2016

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Investment fund will acquire Irish energy firm Viridian

Investment management firm I Squared Capital will acquire Irish energy company Viridian Group Holdings Limited from investment bank Arcapita, it declared on Tuesday.

read more... 30/03/2016

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E.ON and Gazprom agree on adjustment of prices in gas supplies contract

German utility E.ON and Russian energy giant Gazprom agreed to adjust the prices of long-term gas supply contracts, resolving a pending arbitration proceeding between the companies.

read more... 30/03/2016

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Asian Development Bank to grant $450 mln in loan to expand Shah Deniz II project in Azerbaijan

Azerbaijan state-run energy company Socar has applied for a $450mn loan from the Asian Development Bank (ADB) to bolster its Shah Deniz project.

read more... 30/03/2016

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Fukushima to be transformed in a green energy hub

A public-private council has been set up in the city of Fukushima for the purpose to turn the prefecture into a renewable energy hub in just few years.

read more... 29/03/2016

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