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EIB to finance Enel Green Power projects in Romania

The European Investment Bank (EIB) would lend to Enel Green Power 200 million euros to cover in some measure investments for some wind farms in the Banat and Dobrogea regions of Romania. The 15-year loan will partially cover investments in EGP’s wind power projects, and has a pre-repayment grace period of up to two and a half years.

read more... 09/12/2013

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Norway to spur investments in oil and gas industry at a record level in 2014

Norway is planning to spur its investments in oil and gas sector at a record level in 2014, according to data provided by statistics agency.

read more... 09/12/2013

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UK: Low Carbon and Macquarie Capital to invest in 300 MW of solar energy

Macquarie Capital and Low Carbon, a renewable energy investment company, have announced recently they will team up to deliver a portfolio of 300MW of solar generation capacity in the UK.

read more... 04/12/2013

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Iran oil insurance sanctions may soon be eased

Now that a nuclear deal has been reached following the breakthrough agreement in Geneva, the west is likely to start easing crippling sanctions on Iran, as it has about $100 billion in investments frozen around the world, and its government runs a deficit of $35 billion a year.

read more... 27/11/2013

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Ofgem: five of the six electricity distributors have to do more to cut costs for consumers

Energy regulator Ofgem has required to five of its six electricity distributors, including SSE and Scottish Power, to do more to cut costs for consumers. The six distribution companies presented their investment plans, but the only plan approved was those of Western Power Distribution’s( WPD), which customers will see a 11.30 pounds cut in their bills from April 2015.

read more... 22/11/2013

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