Latest news
Hitachi halts work on UK nuclear plant over financing
Japan's Hitachi suspended its major nuclear power station project in the U.K. over financing, the company announced Thursday.
read more... 18/01/2019
Trans Adriatic Pipeline secures €3.9bn project financing
The Trans Adriatic Pipeline, which will be laid between the Turkish-Greek border and Italy, aims to bring Caspian natural gas from the giant Shah Deniz II field in Azerbaijan to Europe. The pipeline will also have a subsea section of 105km in the Adriatic Sea.
read more... 14/01/2019
Aquila secures financing for 147.6 MW of Swedish wind
German lender HSH Nordbank and the Netherlands’ Cooperatieve Rabobank have provided project debt for Aquila Capital's 147.6-MW Thor wind farm in Sweden.
read more... 05/12/2018
EU and Ukraine in tug of war over Naftogaz unbundling
The European Commission has repeated its insistence on breaking up the Ukrainian national gas and oil monopoly Naftogaz, separating transmission from production and supply, which the country had agreed to as a condition for receiving massive Western financing. Vice President Maroš Šefčovič, in charge of the EU’s Energy Union, is in talks in Berlin with Russian and Ukrainian counterparts to try to solve disputes over future Russian gas shipments via Ukraine.
read more... 19/07/2018
EIB to back renewables in Belgium, Spain, Portugal
The European Investment Bank (EIB) has approved more than EUR 3.4 billion (USD 3.96bn) in financing for clean energy projects globally, among which is an offshore wind farm in Belgium.
read more... 19/07/2018