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Loan
Carbon Emissions
Deutsche Bank Sets 2030 Targets to Cut Emissions Tied to Loans
Deutsche Bank on Friday said it aimed to reduce the emissions tied to its upstream corporate oil and gas sector loans by 23% by 2030, as part of a series of tar…
Electricity Transmission
EIB Invests Nearly Half a Billion Euros in Major German Grid Expansion Plan
The European Investment Bank (EIB) is providing Dutch-German TSO TenneT with a loan of €450 million ($440 million) for the construction of a 185km electricity …
Smart Grid
Iberdrola Inks €220M Top-Up Loan with EU Bank for Smart Grids in Spain
The loan increase, which brings the total to around €820m, will support the development, modernisation and digitalisation of Iberdrola’s electricity distribut…
Smart Grid
Iberdrola Taps EIB for €220M Smart Grid Development
The European Investment Bank (EIB) and Iberdrola have agreed to increase the green loan signed in 2021 with a top up of €220 million ($215 million) to strength…
Vena Energy Bags JPY5.36B Green Loan for 17MW Solar Project
The project is scheduled to start commercial operation in 2023.
Electric Car
Australian Bank to Scrap Loans for New Diesel and Gasoline Cars as Country Looks to Increase EV Uptake
According to the International Energy Agency, electric vehicle sales hit 6.6 million in 2021.
Solar Power Plant
ReNew’s US $1Bn ECB Loan for Pan-India Renewables Project
ReNew says 12 international lenders, led by Rabobank, will finance the largest ECB project finance loan in India’s renewable sector, for any single project.
Solar Power Plant
ADB, Masdar to Build 230MW Solar Power Plant in Azerbaijan
The loan financing the project is worth $21.4m.
Spain
Iberdrola and EU Bank Ink €550M Loan to Boost Renewable Energy in Spain
The loan will support the construction of solar and wind farms with a total capacity of around 1,800MW, generating enough electricity to power around one millio…
Japan
Vena Energy Bags $63.4M Green Loan for 26MW Solar Project in Japan
It is co-financed by the Sumitomo Mitsui Trust Bank.
Natural Gas
Ukraine’s Largest Gas Company Secures €300M Loan
The funding will help the company secure gas stocks for the winter.
EU
Italy’s CAP Group Secures €100m EU Green Loan to Upgrade Water Infrastructure
It will also use the financing to improve its water and sewerage network, implement circular economy projects and reduce emissions.
Hydrogen Technology
UK Backs Hydrogen Technologies with £400 Million Awarded to Johnson Matthey
UK Export Finance guarantees sustainability-linked loan, supporting homegrown research and development in sustainable technologies and hydrogen.
Coal Price
Peabody Gets a $534 Million Margin Call on Coal, and Goldman Steps In With a 10% Loan
Locking in a price to sell coal at $84 a metric ton must have seemed like a good bet for Peabody Energy Corp. a year ago.
Finland
Finnish Geothermal Heat Player QHeat Secures EUR 3.3m Loan for Drilling Rig
Finnish Climate Fund has granted EUR 3.3m loan to Finnish geothermal heat exchange player QHeat to acquire more efficient drilling rig to target medium-deep geo…
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