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ENI and PDVSA in a $2 billion financing deal

The Italian energy company, ENI, signed a $2 billion financing agreement with Venezuela's Petroleos de Venezuela SA (PDVSA) to jointly develop oil projects in the Orinoco River basin and build a power plant in eastern Venezuela.

read more... 18/07/2011

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Google to invest $280 million in a new project financing fund

Recently, Google agreed to invest $280 million into the biggest clean-energy project financing fund for SolarCity Inc., a company which invests in the installation of new solar systems, said Google’ search engine director of green business operations.

read more... 16/06/2011

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European Investment Bank (EIB) and Enel Green Power (EGP) signed the first 440 million Euro installment in Rome.

Yesterday in Rome, the European Investment Bank (EIB) and Enel Green Power (EGP) signed the first EUR 440 million installment of a 600 million Euros loan for financing the company’s three-year investment programme in Italy. EGP represents a subsidiary of the Enel group which operates in the renewable and alternative energies sector.

read more... 15/12/2010

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EU could miss one of its 2020 targets.

Europe could miss the achievement of its target of 20% of generated energy from renewable in the next 10 years, because of lack of financing.

read more... 18/11/2010

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Romania – future joint member of South Stream gas pipeline project

Gazprom will keep financing the South Stream gas pipeline project, which has to be ready until 2015, according to Gazprom Chief Executive Alexei Miller.

read more... 14/10/2010

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