European Bank for Reconstruction and Development

Infocus International Brings Back Renewable Energy Power Purchase Agreements Online Workshop

Thursday, November 25, 2021 - 4:00am

Singapore, Nov 25, 2021 - (ACN Newswire) - Back by popular demand, Infocus International Group, a global business intelligence provider of strategic information and professional services, has announced the new date for the Renewable Energy Power Purchase Agreements (RE PPAs) online workshop which will be commencing live on 19 January 2022.

Key Points: 
  • Singapore, Nov 25, 2021 - (ACN Newswire) - Back by popular demand, Infocus International Group, a global business intelligence provider of strategic information and professional services, has announced the new date for the Renewable Energy Power Purchase Agreements (RE PPAs) online workshop which will be commencing live on 19 January 2022.
  • This interactive 5-session workshop will provide clear explanations of the new models of RE PPAs risk allocation, of ensuring project bankability, of allowing RE generators to compete in energy markets and power pools.
  • Join us now and learn the practical models and techniques for analysing & structuring, drafting, and negotiating Renewable Energy PPAs for bankable green investments in today's competitive energy markets.
  • Infocus International is a global business intelligence provider of strategic information and professional services for diverse business communities.

Freedom Finance Europe Expands Cooperation With the European Financial Markets’ Association

Monday, October 18, 2021 - 9:00am

Freedom Finance Europe attended the sixteenth annual European Leveraged Finance Conference held by the Association of European Financial Markets (AFME) on 29 September 2021 in London.

Key Points: 
  • Freedom Finance Europe attended the sixteenth annual European Leveraged Finance Conference held by the Association of European Financial Markets (AFME) on 29 September 2021 in London.
  • The parties outlined plans for increased co-operation next year, increased the number of AFME working groups with the representatives of Freedom Finance Europe and discussed preparations for joint events.
  • Along with Freedom Finance Europe, AFME members include pan-European and global banks, brokers, law firms and other significant financial market participants.
  • About Freedom Finance Europe Ltd.
    Freedom Finance Europe Ltd. is a modern, dynamic and reliable broker with professional customer support, with an experienced team with knowledge and expertise in the European and US stock markets.

ICE Benchmark Administration Launches ICE Risk Free Rate Indexes for U.S. Dollar, Euro and Japanese Yen

Tuesday, September 21, 2021 - 1:00pm

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (IBA) has launched ICE Risk Free Rate (RFR) Indexes in U.S. Dollar (SOFR), Euro (STR) and Japanese Yen (TONA), following the launch of ICE SONIA Indexes for GBP Sterling in April 2021.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (IBA) has launched ICE Risk Free Rate (RFR) Indexes in U.S. Dollar (SOFR), Euro (STR) and Japanese Yen (TONA), following the launch of ICE SONIA Indexes for GBP Sterling in April 2021.
  • The EBRD is very pleased to see the introduction of the different indices by ICE Benchmark Administration.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.
  • The New York Fed does not sanction, endorse, or recommend any products or services offered by ICE Benchmark Administration Limited.

ACAMS Chapter Launches in Eurasia in Bid to Curtail Regional Exposure to Trade-Based Money Laundering and Other Financial Crimes

Wednesday, June 23, 2021 - 11:00am

The launch of the Eurasia chapter in 2021 will complement other professional education and peer networking efforts for compliance professionals throughout the region, including Armenia, Azerbaijan, Kazakhstan and Kyrgyzstan.

Key Points: 
  • The launch of the Eurasia chapter in 2021 will complement other professional education and peer networking efforts for compliance professionals throughout the region, including Armenia, Azerbaijan, Kazakhstan and Kyrgyzstan.
  • Chapter board members in all seven countries will separately organize and host ACAMS training events in English, Russian and seven regional languages.
  • The ACAMS Eurasia Chapter is an important step toward removing barriers and enhancing trade between economies where the EBRD operates, he said.
  • Officially launched on 23 June 2021, the ACAMS Eurasia Chapter will be jointly overseen by board members based in Yerevan, Baku, Tbilisi, Nur-Sultan, Bishkek, Chisinau and Kyiv.

Next-generation insurance company Hellas Direct raises EUR 32m round and welcomes investment by the European Bank for Reconstruction and Development

Friday, June 18, 2021 - 2:00pm

The company also welcomed on board a leading investor, the European Bank for Reconstruction and Development (EBRD).

Key Points: 
  • The company also welcomed on board a leading investor, the European Bank for Reconstruction and Development (EBRD).
  • The EBRD is providing a mandatory convertible debt facility of EUR 10m to Hellas Direct, to support its growth and provide the company with solvency capital.
  • Hellas Direct is a digital-first, full-stack insurance company, empowered by cutting-edge technology and the use of advanced analytics.
  • "We are delighted to support Hellas Direct, a technology-driven insurance company offering innovative products and digitalising the insurance value chain in Greece.

Next-generation insurance company Hellas Direct raises EUR 32m round and welcomes investment by the European Bank for Reconstruction and Development

Friday, June 18, 2021 - 12:47pm

The company also welcomed on board a leading investor, the European Bank for Reconstruction and Development (EBRD).

Key Points: 
  • The company also welcomed on board a leading investor, the European Bank for Reconstruction and Development (EBRD).
  • The EBRD is providing a mandatory convertible debt facility of EUR 10m to Hellas Direct, to support its growth and provide the company with solvency capital.
  • Hellas Direct is a digital-first, full-stack insurance company, empowered by cutting-edge technology and the use of advanced analytics.
  • "We are delighted to support Hellas Direct, a technology-driven insurance company offering innovative products and digitalising the insurance value chain in Greece.

EUR 809 million EIB Group support for COVID-19 resilience, education, water, energy efficiency and private investment in Romania

Thursday, March 18, 2021 - 4:02pm

Higher education, water distribution, energy efficiency and private sector investment across Romania will benefit from more than EUR 809 million of new financing from the European Investment Bank and European Investment Fund agreed with Romanian public and private partners last year.

Key Points: 
  • Higher education, water distribution, energy efficiency and private sector investment across Romania will benefit from more than EUR 809 million of new financing from the European Investment Bank and European Investment Fund agreed with Romanian public and private partners last year.
  • The close cooperation between the EIB Group and Romania has transformed economic opportunities, priority infrastructure and key services in our country.
  • The strong pipeline of future EIB and EIF engagement in Romania will build on this impressive track record.
  • The excellent collaboration between Romanian public and private partners and colleagues from the European Investment Bank Group, including our technical and financial experts in Bucharest, have once again delivered transformational support for economic, social and climate investment in Romania.
  • The EUR 809 million new EIB and EIF financing agreed in 2020 will benefit thousands of companies, students and households across the country in the years ahead.
  • In 2020 the EIF provided more than EUR 387 million of new financing for small businesses across Romania.
  • Accelerating investment to transform higher education in Romania Last summer the EIB launched its first streamlined higher education financing scheme in Romania.
  • Cutting heating costs in homes and schools Last year the EIB continued its track record of supporting energy efficiency in Romania and agreed EUR 42 million of new financing toward the Energy Efficiency Investment Programmes of three districts in Bucharest.
  • This new support will assist implementation of Romanias National Energy Efficiency Action Plan and the EU Resource Efficiency Initiative.

EIB backs EUR 3.7 billion COVID-19 business support, renewable energy, internet, health, education and sustainable urban investment

Friday, March 12, 2021 - 12:03am

Business investment, renewable energy and upgrading hospitals, schools, internet services and urban infrastructure will be accelerated by new financing totalling EUR 3.7 billion approved today by the European Investment Bank (EIB).

Key Points: 
  • Business investment, renewable energy and upgrading hospitals, schools, internet services and urban infrastructure will be accelerated by new financing totalling EUR 3.7 billion approved today by the European Investment Bank (EIB).
  • Todays approval of EUR 3.7 billion of new EIB financing will help private and public partners to achieve a green and sustainable recovery, said Werner Hoyer, President of the European Investment Bank.
  • 381 million for transport, hospitals and schools, and sustainable urban investment

    Communities across Europe and beyond will benefit from EIB backed investment to improve transport, upgrade health and education, and unlock investment in cities.

  • New investment to improve energy efficiency, urban transport, education, sports and cultural facilities across the Polish city of Wrocaw will also benefit from new EIB financing agreed today.

Vectrus Wins Recompete Contract to Continue Operations, Maintenance and Defense of Army Communications in Southwest Asia and Central Asia (OMDAC-SWACA)

Tuesday, December 29, 2020 - 11:29pm

"Vectrus is delighted to have been selected to continue our support of the OMDAC-SWACA mission," said Chuck Prow, president and chief executive officer of Vectrus.

Key Points: 
  • "Vectrus is delighted to have been selected to continue our support of the OMDAC-SWACA mission," said Chuck Prow, president and chief executive officer of Vectrus.
  • For information on career opportunities associated with OMDAC-SWACA as well as other Vectrus programs, please visit https://careers.vectrus.com/ .
  • Vectrus is headquartered in Colorado Springs, Colo., and includes about 7,100 employees spanning 148 locations in 26 countries and territories.
  • For more information, visit the company's website at www.vectrus.com or connect with Vectrus on Facebook , Twitter , and LinkedIn .

Turkiye Garanti Bankasi A.S.: Regarding the Funded Risk Participation Framework Agreement Executed Between Our Bank and the European Bank for Reconstruction and Development (EBRD)

Friday, December 25, 2020 - 7:00am

Our Bank has signed Funded Risk Participation Framework Agreement with the European Bank for Reconstruction and Development (EBRD) to finance the commercial and project finance loans throughout Turkey.

Key Points: 
  • Our Bank has signed Funded Risk Participation Framework Agreement with the European Bank for Reconstruction and Development (EBRD) to finance the commercial and project finance loans throughout Turkey.
  • Within the scope of this agreement up to 50% participation in TRY, USD or EUR currency may be provided by EBRD for the commercial and project finance loans to be provided by our Bank
    In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
  • We declare that our above statements are in conformity with the principles included in the Board's Communiqu, Serial II Nr.15.1, that it exactly reflects the information we received; that the information complies with our records, books and documents; that we did our best to obtain the correct and complete information relative to this subject and that we are responsible for the declarations made in this regard.