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SHS Group Secures €1.7 Billion Financing to Advance Hydrogen-Based Green Steel Transformation in Saarland
The SHS – Stahl-Holding-Saar Group (SHS Group), together with its subsidiaries Dillinger (Aktien-Gesellschaft der Dillinger Hüttenwerke) and Saarstahl (Saarstahl Aktiengesellschaft), has successfully secured financing for its Power4Steel transformation project – one of Europe’s largest decarbonisation initiatives. The total financing package amounts to approximately EUR 1.7 billion, ensuring full funding for the entire duration of the…
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TenneT secures equity funding for TenneT Germany through future partnership with large institutional investors in Europe
TenneT Holding announces that it has reached agreement with three large institutional investors in Europe regarding their investment in TenneT Germany: APG (investing on behalf of Dutch pension fund ABP), Singapore sovereign wealth fund GIC and Norges Bank Investment Management (NBIM). With this transaction TenneT and its sole shareholder the Dutch state secure the equity…
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GreenIT signs €370 million financing agreement to support its 1GW RES plan
GreenIT, the Italian joint venture backed by Plenitude (a company controlled by Eni) and CDP Equity (part of CDP Group), has signed a new project finance agreement for a total amount of €370 million to support its renewable energy projects. Aligned with the Green Loan Principles, the financing provides new resources to support investments in the…
