Browsing Tag
European Investment Bank
27 posts
Canada and EU launch new alliance as Mark Carney explores associate membership
Canada and the European Union have launched an Alliance for the Future covering economic security, digital trade, defence, energy and critical minerals. Prime Minister Mark Carney is also exploring a new form of association with the EU that would stop short of full membership, although its legal and institutional terms remain undecided.
EU eyes major Australian critical minerals investment as trade deal could remove 5.5% tariff
The European Union expects a substantial increase in investment in Australia's critical minerals industry as the two partners move towards implementing a free trade agreement and explore European Investment Bank financing.
Scatec advances $650m Dandara solar project in Egypt as 2026 earnings outlook weakens
Scatec's Dandara solar and battery project has advanced through preliminary financing and grid agreements, while an institutional investment platform strengthens its Egyptian development strategy amid reduced earnings guidance.
Steady Energy falls on Helsinki debut as €333m nuclear-heating valuation faces reality test
Finnish small modular reactor developer Steady Energy fell nearly 6% on its Nasdaq Helsinki First North debut despite an oversubscribed offering, leaving investors to weigh Europe’s growing nuclear enthusiasm against a commercial timeline that still depends on testing, licensing and first-of-a-kind project execution.
OMV keeps €600m Austrian hydrogen project alive after Masdar withdrawal
OMV says Masdar’s unexpected departure will not derail a €600 million electrolyser planned for Bruck an der Leitha. With most financing already identified, the test now shifts from funding availability to execution, power economics and long-term hydrogen demand.
PLD Space takes Series C to €288m as MIURA 5 industrialisation accelerates
PLD Space has extended its Series C to €288 million only days after securing a €158.9 million ESA contract. Together with €30 million of EIB venture debt, the Spanish launcher company has assembled roughly €476.9 million of financing and institutional contract support in 2026. The harder stage now begins as MIURA 5 moves from industrialisation toward its first orbital flights and a long-term target of more than 30 launches a year.
Scatec completes $590m Obelisk solar-storage project as Egypt becomes its next 4GW growth test
Scatec has completed the 1.125GW Obelisk solar project and its 100MW/200MWh battery system in Egypt, converting a $590 million construction programme into 25 years of contracted generation. The bigger question is whether the financing and ownership structure can become a repeatable template for Scatec’s much larger Egyptian pipeline.
TenneT Germany’s €3.5bn green bond gains EIB backing for grid expansion
TenneT Germany’s €3.5bn green bond and EIB backing test whether Europe can fund grid expansion without worsening electricity affordability for consumers.
Amazon signs 600 MW Gennaker PPA, putting €3.1bn Baltic wind farm on construction path
Amazon’s 600 MW Gennaker PPA could unlock Germany’s largest Baltic Sea wind farm. Explore the financing, supply chain and risks shaping construction now.
Abdelmoumen pumped-storage power plant: Morocco’s grid-scale battery in the Atlas foothills
Abdelmoumen pumped-storage power plant is Morocco's 350 MW grid-scale battery near Agadir, commissioned in 2024 and operated by ONEE to balance the country's fast-growing renewable energy mix.