SCA lent €300m to upgrade paper mill to tear down emissions and energy use

The financing will support the upgrade of its kraftliner mill at Obbola, further enhancing production of recyclable and renewable packaging with a process known as papermaking 4.0 and helping reduce its carbon footprint

Ørsted granted €500m EU loan to support renewable energy investments

The Danish power company will use part of the loan for the Borssele 1 & 2 wind farm, which has a total capacity of 752MW

Dutch energy infrastructure upgrade granted €250m EU loan

TenneT Holding is building a 40-kilometre long electricity corridor that will enable the transmission of offshore wind energy to users in the Netherlands and beyond

‘First ever’ £430m government-backed green transition loan announced

Wood plc will receive the loan to increase clean growth exports, green jobs and take advantage of the energy transition

New €90m loan plugged in for zero emission bus lines in France

The financing will support the construction of the bus transit lines, with a fleet of 40 new clean vehicles using dedicated lanes

IFC provides ‘landmark’ loan to support gas flaring reduction in Iraq

The project is expected to increase Basrah Gas Company’s processing capacity, avoiding more unnecessary flaring and associated greenhouse gas emissions by around 10 million tons per year

EU backs Bulgaria-Serbia gas interconnector with €25m loan

The project includes the construction of around 108 kilometres of a bi-directional gas pipeline between Nis and Dimitrovgrad as well as from Dimitrovgrad to the border with Bulgaria

Belgian firm granted €425m EU bank loan for smart meters rollout

Fluvius, a co-operative company owned by 11 inter-municipal companies, has set a target to install smart meters at 80% of its clients’ sites by the end of 2024

Polish tech start-up lent €7.5m for sustainable packaging

Packhelp allows customers to design and order their own custom-branded packaging made from certified materials that don’t harm the environment, encouraging businesses to boost their own green credentials

New $231m loan approved for hydropower project in India

The Lower Kopili Hydroelectric Power plant, located in Central Assam, will have a total capacity of 120MW