International infrastructure group Balfour Beatty announced Thursday that it had reached financial close for the £162.9 million Humber Gateway offshore transmission project which will connect North Sea offshore wind with the east Yorkshire coast in England. Balfour Beatty revealed on Thursday that its consortium with investment firm Equitix reached financial close … [continued]
Spanish electric utility company Iberdrola has signed a €200 million loan with the European Investment Bank. Iberdrola announced the signing of the loan at the beginning of the month, saying that it intends to use the funds to finance research, development, and innovation projects in two of its strategic business areas … [continued]
A total of $81 billion in climate financing was mobilised for projects being funded by the world’s six largest multilateral development banks, according to a new report. According to the new report, the 2015 Joint Report on Multilateral Development Banks’ Climate Finance, the total $81 billion dedicated to financing climate change … [continued]
To kick-start the financial arrangements for the nearly 100 GW planned capacity addition over the next 7 years, the Indian government is seeking $3 billion from international development banks. The government is said to be in talks with the Asian Development Bank, the World Bank, KfW, the Japan International Cooperation … [continued]
The European Investment Bank has approved a €500 million (£411.4 million) loan for a German wind farm, which it claims is the largest wind farm of all. It is called the EnBW Baltic 2 project. This wind farm will consist of 80 turbines, and is to be constructed in the Baltic … [continued]
Here’s some more clean transportation news from around the interwebs from the past week or so: Electric Vehicles Toyota’s Scion iQ EV Joins Car-Sharing Craze: “A new electric vehicle from Toyota, the he 2013 Scion iQ EV, is going to be used for urban and campus car-sharing programs. This is a battery-electric … [continued]
