Euler Hermes

Allianz Digital Transformation Strategy Analysis Report 2023: Innovation Programs, Technology Initiatives, Estimated ICT Budget, Major ICT Contracts - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 24, 2024
Finance, Professional Services, Asset Management, Fintech, Insurance, Allianz, Digital technology, Big data, Aviation, Euler Hermes, Mentorship, PIMCO, Travel, ICT, GDF, Machine learning, Internet of things, Retail

This report provides insight into Allianz's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.

Key Points: 
  • This report provides insight into Allianz's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.
  • Allianz, a provider of global insurance and asset management services, offers life insurance and property and casualty insurance products under the Allianz and Euler Hermes brands.
  • Allianz offers a wide range of products, services, and solutions in asset management.
  • It connects all the companies under the Allianz Group around the world, to provide an engaging digital customer experience.

H2 Green Steel raises more than €4 billion in debt financing for the world's first large-scale green steel plant

Retrieved on: 
Monday, January 22, 2024
UniCredit, CO2, KfW, ING, AIP, Euler Hermes, Environment, Electricity, Documentation, European Commission, Siemens Financial Services, Société Générale, United States free-trade agreements, Swedish National Debt Office, Climate, Investment, Steelmaking, BNP Paribas, Steel, BofA Securities, European Investment Bank, KfW IPEX-Bank

STOCKHOLM, Jan. 22, 2024 /PRNewswire/ -- H2 Green Steel signs definitive debt financing agreements for €4.2 billion in project financing and increases the previously announced equity raised by €300 million.

Key Points: 
  • STOCKHOLM, Jan. 22, 2024 /PRNewswire/ -- H2 Green Steel signs definitive debt financing agreements for €4.2 billion in project financing and increases the previously announced equity raised by €300 million.
  • H2 Green Steel has now secured funding of close to €6.5 billion for the world's first large-scale green steel plant in Northern Sweden.
  • The construction of the flagship green steel plant in Boden, with integrated green hydrogen and green iron production, is well under way.
  • "H2 Green Steel is an excellent example of the kind of breakthrough projects that the EU Innovation Fund is supporting.

H2 Green Steel raises more than €4 billion in debt financing for the world's first large-scale green steel plant

Retrieved on: 
Monday, January 22, 2024
UniCredit, CO2, KfW, ING, AIP, Euler Hermes, Environment, Electricity, Documentation, European Commission, Siemens Financial Services, Société Générale, United States free-trade agreements, Swedish National Debt Office, Climate, Investment, Steelmaking, BNP Paribas, Steel, BofA Securities, European Investment Bank, KfW IPEX-Bank

STOCKHOLM, Jan. 22, 2024 /PRNewswire/ -- H2 Green Steel signs definitive debt financing agreements for €4.2 billion in project financing and increases the previously announced equity raised by €300 million.

Key Points: 
  • STOCKHOLM, Jan. 22, 2024 /PRNewswire/ -- H2 Green Steel signs definitive debt financing agreements for €4.2 billion in project financing and increases the previously announced equity raised by €300 million.
  • H2 Green Steel has now secured funding of close to €6.5 billion for the world's first large-scale green steel plant in Northern Sweden.
  • The construction of the flagship green steel plant in Boden, with integrated green hydrogen and green iron production, is well under way.
  • "H2 Green Steel is an excellent example of the kind of breakthrough projects that the EU Innovation Fund is supporting.

Daniel Izen Named Head of Sales for Eulerity, Leading Marketing Automation Platform

Retrieved on: 
Wednesday, September 27, 2023
Software as a service, Izen, Education, Marketing, SMS, Organization, Euler Hermes, Acquisition, Fortune 500, Capital, Growth, Global Sales Law Project, Automation, Sales, Flagship Uberalles

NEW YORK, Sept. 27, 2023 /PRNewswire-PRWeb/ -- Eulerity, the pioneering marketing automation platform recognized for its innovative AI-driven solutions, is proud to announce the appointment of Daniel Izen as its new Vice President of Global Sales. Izen brings a wealth of experience in sales and a proven track record of building and managing enterprise sales organizations within the SaaS (Software-as-a-Service) vertical.

Key Points: 
  • NEW YORK, Sept. 27, 2023 /PRNewswire-PRWeb/ -- Eulerity, the pioneering marketing automation platform recognized for its innovative AI-driven solutions, is proud to announce the appointment of Daniel Izen as its new Vice President of Global Sales.
  • Izen brings a wealth of experience in sales and a proven track record of building and managing enterprise sales organizations within the SaaS (Software-as-a-Service) vertical.
  • With Izen at the helm of the sales team, Eulerity is well-positioned to further solidify its position as a market leader and drive continued growth and innovation in the marketing automation sector.
  • For more information about Eulerity and its industry-leading marketing automation platform, visit https://eulerity.com/ .

Northland Power Announces Financial Close of the 1.1 GW Baltic Power Offshore Wind Project in Poland Green Financing

Retrieved on: 
Friday, September 22, 2023
Canada, BofA Securities, Reconstruction, Government, Wind, Investment fund, EBRD, European Bank for Reconstruction and Development, NPI, Euler Hermes, TSX, EIB, European Investment Bank, European Central Bank, Renewable energy

TORONTO, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI), today announced that its Baltic Power offshore wind project (“Baltic Power” or the “project”) in Poland has met all conditions and reached financial close for its 20-year CAD-equivalent $5.2 billion non-recourse green financing.

Key Points: 
  • TORONTO, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI), today announced that its Baltic Power offshore wind project (“Baltic Power” or the “project”) in Poland has met all conditions and reached financial close for its 20-year CAD-equivalent $5.2 billion non-recourse green financing.
  • A consortium of 25 financial institutions is supporting the project, including the European Investment Bank (EIB), European Bank for Reconstruction and Development (EBRD), Euler Hermes, Export and Investment Fund of Denmark and Export Development Canada.
  • Baltic Power will play an important role in helping the Polish government achieve its renewable energy target where installed capacity of offshore wind energy is expected to reach up to 11 GW by 2040.
  • Once operational, Baltic Power is expected to provide clean energy to more than 1.5 million Polish households annually.

Allianz Trade Announces Sponsorship of U.S. Paralympian

Retrieved on: 
Wednesday, August 30, 2023
Professional Services, Sports, Olympics, Other Professional Services, Insurance, Finance, General Sports, Paralympic Games, Partnership, World championship, XI, IX, United States national team, Respect, VII, Allianz, VIII, Disease, Euler Hermes, Olympic, Paralympic movement in Tasmania, Mortality, 2016 Summer Paralympics, III, Trade, AA, VI, Bank

Allianz Trade in North America today announced that it has signed on to sponsor U.S. Paralympian Daniel Romanchuk.

Key Points: 
  • Allianz Trade in North America today announced that it has signed on to sponsor U.S. Paralympian Daniel Romanchuk.
  • “We’re proud to have Daniel as part of our Allianz Trade family; the perseverence he exhibits through his rigorous training and race schedule is something to be admired,” said James Daly, President and CEO, Allianz Trade Americas.
  • “Our team looks forward to supporting him throughout his journey to Paris 2024.”
    Romanchuk is a Baltimore native, where the Allianz Trade Americas Region headquarters is located.
  • This sponsorship complements Allianz being the Worldwide Insurance Partner of the Olympic and Paralympic Movements from 2021 through 2028.

Allianz Trade 2023 Global Survey

Retrieved on: 
Thursday, June 1, 2023
Insurance, Finance, Banking, Professional Services, Supply Chain Management, Logistics, Transport, Retail, Carbon, Pressure, XI, Economy, Economic Research Institute for ASEAN and East Asia, Risk management, IX, Public policy, Cost accounting, Carbon Border Adjustment Mechanism, Virginia Tech Corporate Research Center, Small and medium-sized enterprises, VII, Allianz, COVID-19, Small, VIII, Corporation, Euler Hermes, Disease, ESG, Mortality, Health, Environment, III, AA, VI, Renewable energy, Bank

Today, Allianz Trade releases the second edition of its Global Survey.

Key Points: 
  • Today, Allianz Trade releases the second edition of its Global Survey.
  • This echoes the less favourable environment for global trade in 2023: Allianz Trade expects global trade to grow slowly in terms of volume (+0.7% vs. +3.8% in 2022) and to decline in terms of value (-0.1% vs. +9.7% in 2022).
  • This growing interest could also unlock trade financing for Small and Medium Enterprises that were previously shying away from global trade,” states Ano Kuhanathan, Head of Corporate Research at Allianz Trade.
  • We predict trade and credit risk today, so companies can have confidence in tomorrow
    Allianz Trade is the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk.

NEOM Green Hydrogen Company completes financial close at a total investment value of USD 8.4 billion in the world's largest carbon-free green hydrogen plant

Retrieved on: 
Monday, May 22, 2023
Hydrogen, Mineral, S&P Global, Vision 2030, Engineering, EPC, Carbon, USD, Wind, Natural Resources, Engineering, procurement, and construction, Ministry, Form, Euler Hermes, Air Products, ACWA Power, Ministry of Industry and Mineral Resources (Saudi Arabia), Transport, NEOM, Bank, Arms industry, Renewable energy, Kingdom

NEOM Green Hydrogen Company is an equal joint venture by ACWA Power, Air Products and NEOM, building the world's largest green hydrogen plant to produce green ammonia at scale in 2026.

Key Points: 
  • NEOM Green Hydrogen Company is an equal joint venture by ACWA Power, Air Products and NEOM, building the world's largest green hydrogen plant to produce green ammonia at scale in 2026.
  • The project at a total value of USD8.4 billion is being financed with USD 6.1 billion non-recourse financing from 23 local, regional and international banks and financial institutions.
  • NGHC have concluded the Engineering, Procurement and Construction (EPC) agreements with Air Products at a value of USD 6.7 billion.
  • NEOM, Saudi Arabia, May 22, 2023 /PRNewswire/ -- NEOM Green Hydrogen Company (NGHC) today announced that following signing financial documents with 23 local, regional, and international banks, and investment firms, it has now achieved financial close on the world's largest green hydrogen production facility at a total investment value of USD 8.4 billion.

Leading European financial institutions support H2 Green Steel's €3.5 billion debt financing

Retrieved on: 
Monday, October 24, 2022
KfW, European Investment Bank, ING, Carbon, Société Générale, Euler Hermes, UniCredit, Swedish National Debt Office, CEO, Letter, Pathfinder, BNP Paribas, KfW IPEX-Bank, SEK, Documentation, Leadership, Financial services, Security (finance)

STOCKHOLM, Oct. 24, 2022 /PRNewswire/ --H2 Green Steel announces it has received support from leading European financial institutions for its 3.5billion debt financing.

Key Points: 
  • STOCKHOLM, Oct. 24, 2022 /PRNewswire/ --H2 Green Steel announces it has received support from leading European financial institutions for its 3.5billion debt financing.
  • H2 Green Steel will finance the construction of its hydrogen-powered green steel plant in Northern Sweden through a combination of equity and debt financing.
  • The European Investment Bank has received board approval for 750 million of senior debt funding for the H2 Green Steel project.
  • The Swedish National Debt Office has issued a letter of intent to provide a green credit guarantee** of 1 billion of H2 Green Steel's senior debt.

Leading European financial institutions support H2 Green Steel's €3.5 billion debt financing

Retrieved on: 
Monday, October 24, 2022
KfW, European Investment Bank, ING, Carbon, Société Générale, Euler Hermes, UniCredit, Swedish National Debt Office, CEO, Letter, Pathfinder, BNP Paribas, KfW IPEX-Bank, SEK, Documentation, Leadership, Financial services, Security (finance)

STOCKHOLM, Oct. 24, 2022 /PRNewswire/ --H2 Green Steel announces it has received support from leading European financial institutions for its 3.5billion debt financing.

Key Points: 
  • STOCKHOLM, Oct. 24, 2022 /PRNewswire/ --H2 Green Steel announces it has received support from leading European financial institutions for its 3.5billion debt financing.
  • H2 Green Steel will finance the construction of its hydrogen-powered green steel plant in Northern Sweden through a combination of equity and debt financing.
  • The European Investment Bank has received board approval for 750 million of senior debt funding for the H2 Green Steel project.
  • The Swedish National Debt Office has issued a letter of intent to provide a green credit guarantee** of 1 billion of H2 Green Steel's senior debt.