Southern Gas Corridor

Excelerate Energy Signs Gas Sales MOU with Bulgaria’s Overgas

Retrieved on: 
Monday, July 18, 2022
Energy, Other Energy, Oil, Gas, Research, Snam, Solution, Natural gas, FSRU, Overgas, NYSE, Union, Industry, Sale, MOU, Party, AD, Commercial, Microsoft, Southern Gas Corridor, LNG

Excelerate Energy, Inc. (NYSE: EE) (Excelerate) and Bulgarias Overgas Inc.

Key Points: 
  • Excelerate Energy, Inc. (NYSE: EE) (Excelerate) and Bulgarias Overgas Inc.
  • For many countries in Europes Southern Gas Corridor, flexible access to LNG remains critical to ensuring their energy security, said Oliver Simpson, Commercial Vice President of Excelerate.
  • Svetoslav Ivanov, Executive Director of Overgas said, We are excited to begin working with an industry leader such as Excelerate.
  • Part of Overgas Group is Overgas Mrezhi AD, Bulgarias largest gas distribution company, which currently provides service to over 81,000 end customers.

EIB Group engagement in Greece reaches record of EUR 2.8 billion in 2020

Retrieved on: 
Wednesday, February 10, 2021
European Union, Europe, Multilateral development banks, Countries, European Investment Bank, EIB, Greece, European Fund for Strategic Investments, Southern Gas Corridor

In 2020 EUR 2.8 billion of new support for high-impact private and public investment across the country was agreed between the European Investment Bank and European Investment Fund and Greek partners and a further EUR 4.3 billion approved by the EIB for future investment.

Key Points: 
  • In 2020 EUR 2.8 billion of new support for high-impact private and public investment across the country was agreed between the European Investment Bank and European Investment Fund and Greek partners and a further EUR 4.3 billion approved by the EIB for future investment.
  • EIB Group financing in Greece last year represented the third largest engagement in the European Union as a percentage of national GDP.
  • 2020 was a uniquely challenging year for Greece, Europe and the whole world, due to the coronavirus pandemic and its social and economic consequences.
  • The EIB Group is committed to supporting high-impact and transformational investment across Greece.
  • Looking ahead the impact of future EIB Group activity will be further strengthened by the record approval of new projects.
  • EIB engagement is supporting business investment, transforming access to green energy and improving key services across Greece.
  • Reinforced EIB and EIF partnership helping companies invest and innovate Last year the EIB Group provided EUR 1.2 billion for targeted credit lines managed by 11 leading Greek banks.
  • Supporting energy transition across Greece Last year the EIB provided EUR 1.2 billion for energy investment in Greece.
  • Technical cooperation with Greece to share best practice and enhance project impact Last year the EIB Groups dedicated Investment Team for Greece provided technical expertise for 13 projects in Greece.

EIB Group backs € 12.5 billion COVID-19 support, business, clean energy transport and urban investment

Retrieved on: 
Thursday, December 17, 2020
European Union, Multilateral development banks, Articles, Financial services, European Investment Bank, Sustainable energy, Sustainable transport, EIB, Infrastructure, Southern Gas Corridor, European Bank for Reconstruction and Development

The European Investment Bank (EIB) Board of Directors today approvednew financing totalling EUR 12.5 billion to support companies impacted by COVID-19, alongside accelerating renewable energy, sustainable transport and urban investment across Europe and around the world.

Key Points: 
  • The European Investment Bank (EIB) Board of Directors today approvednew financing totalling EUR 12.5 billion to support companies impacted by COVID-19, alongside accelerating renewable energy, sustainable transport and urban investment across Europe and around the world.
  • The EIB Group is providing financial support and technical expertise to private and public partners to strengthen resilience and help fight the virus.
  • Today our Board approved visionary and innovative new projects to provide clean energy and sustainable transport in Europe and beyond, said Werner Hoyer, President of the European Investment Bank.
  • 5.6 billion for high-impact businesses investment The EIB today approved more than 5.6 billon for direct business financing and local lending programs.
  • Direct EIB backing for corporate investment includes supporting medical ventilator innovation by Drger and helping Urbaser to upgrade their fleet of clean energy waste collection vehicles.
  • 2.6 billion for renewable and clean energy The EIB agreed to provide 2.6 billion to support large-scale renewable energy generation projects.
  • 2.1 billion for sustainable transport International, national and local transport will be improved by 2.1 billion new support for upgrading trains and transport infrastructure agreed today.
  • Residents of the German city of Halle will benefit from EIB backed investment in sustainable urban development schemes including public transport, district heating rehabilitation and improving water infrastructure.

Czech Republic: Investment Plan for Europe - EIB supports the Czech-Moravian Guarantee and Development Bank in establishing an advisory unit

Retrieved on: 
Monday, November 23, 2020
European Union, Financial services, Banking, Multilateral development banks, European Investment Bank, EIB, Investment banking, European Fund for Strategic Investments, Southern Gas Corridor

Today, the European Investment Bank (EIB) and the Czech-Moravian Guarantee and Development Bank (CMZRB) signed an agreement funded by the European Investment Advisory Hub as part of the EIBs Call for Proposals Delivery of local investment advisory services by National Promotional Banks (NPBs).

Key Points: 
  • Today, the European Investment Bank (EIB) and the Czech-Moravian Guarantee and Development Bank (CMZRB) signed an agreement funded by the European Investment Advisory Hub as part of the EIBs Call for Proposals Delivery of local investment advisory services by National Promotional Banks (NPBs).
  • Once in place, the unit will identify a pipeline of projects that need advisory support and will help promoters in the Czech Republic to prepare, finance and implement such projects.
  • The support of the dedicated advisory unit will be made available to large-scale projects as well as to projects for small businesses and mid-caps.
  • Under this programme, CMZRB will focus on various business development and awareness-raising activities aimed at informing project promoters about the services of the new unit.
  • Background information About theEuropean Investment Advisory Hub (EIAH) The European Investment Advisory Hub (EIAH) is a partnership between theEuropean Investment Bank Groupand theEuropean Commissionunder theInvestment Plan for Europe.
  • Building our local partnerships across Europe has been a priority of the Advisory Hub since its launch in 2015.
  • About the European Investment Bank The EIB has worked with the Czech Republic since 1992 and invested in infrastructure, small businesses, environment and innovation.
  • Since the start of operations in the Czech Republic, the EIB has provided 22.51billion of financing to 185 projects.

Irish Finance Minister welcomes expected EUR 1 billion EIB support for new investment in 2020 and accelerated support for COVID-19 business financing

Retrieved on: 
Tuesday, September 22, 2020
European Union, Multilateral development banks, Financial services, Finance, European Investment Bank, EIB, Paschal Donohoe, European Bank for Reconstruction and Development, Southern Gas Corridor

Earlier today Paschal Donohoe, Finance Minister and Governor for the European Investment Bank chaired the video conference meeting of senior Department of Finance and EIB representatives.

Key Points: 
  • Earlier today Paschal Donohoe, Finance Minister and Governor for the European Investment Bank chaired the video conference meeting of senior Department of Finance and EIB representatives.
  • said Paschal Donohoe, Irish Finance Minister and Governor of the European Investment Bank.
  • EUR 1 billion of new EIB Group financing expected in 2020 The European Investment Bank Group is expected to provide more than EUR 1 billion of new financing for investment across Ireland in 2020.
  • To date this year the EIB has signed contracts totalling EUR 397 million for new energy investment and support for Irish companies most impacted by COVID-19.
  • Guarantees from the European Investment Bank and European Investment Fund to Irish companies, provided through the Strategic Banking Corporation of Ireland and Irish banks, are guaranteeing EUR 950 million of accelerated financing for Irish companies.
  • In the coming weeks the EIB is expected to confirm significant support for new higher education and student housing, energy efficiency and cultural EIB investment in Ireland.
  • The EIBs dedicated advisory teams are currently working with Irish partners to enhance the impact of future innovation, transport and energy efficiency investment.

Investment Plan for Europe: Mobidiag Secures EUR 25 Million from EIB

Retrieved on: 
Tuesday, May 14, 2019
Health, Biotechnology, Hospitals, Infectious diseases, Other Health, Professional services, Banking, Research, Science, European Union, Economy of the European Union, Multilateral development banks, Financial services, Banking, European Investment Bank, EIB, European Fund for Strategic Investments, Southern Gas Corridor

Mobidiag Ltd., a commercial stage molecular diagnostics company addressing the spread of infectious diseases and antimicrobial resistance, has signed a EUR 25 million growth capital loan with the European Investment Bank (EIB).

Key Points: 
  • Mobidiag Ltd., a commercial stage molecular diagnostics company addressing the spread of infectious diseases and antimicrobial resistance, has signed a EUR 25 million growth capital loan with the European Investment Bank (EIB).
  • With this new EUR 25 million loan, Mobidiag will continue to seek growth through the extension of its product pipeline.
  • The European Investment Bank (EIB) is the long-term lending institution of the European Union owned by its Member States.
  • The Investment Plan for Europe , known as the Juncker Plan, is one of the European Commissions top priorities.