Spain: EIB finances Ferrer's RDI strategy with €50 million
Provider: View Original Type: Link Title: EIB finances Ferrer's RDI strategy with €50 million Description: The EIB is supporting Ferrer – a leading Spanish pharmaceutical company – with a loan of up to €50 million to finance its research, development and innovation (RDI) programme until 2024. The investment will strengthen the company’s position through the development of its portfolio of pioneering products and services in treatments related to the cardiovascular and central nervous systems and pain relief. The project is backed by a guarantee from the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe.
ESMA REPORTS ON ANNUAL MARKET SHARE OF CREDIT RATING AGENCIES
Provider: View Original Type: Link Title: ESMA REPORTS ON ANNUAL MARKET SHARE OF CREDIT RATING AGENCIES Description: The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published its annual market share calculation for EU registered credit rating agencies (CRAs).
Sweden: MUFG and Societe Generale support clean urban transport in Gothenburg with EIB credit line
Provider: View Original Type: Link Title: MUFG and Societe Generale support clean urban transport in Gothenburg with EIB credit line Description: Transdev has announced its first SEK 1.2bn green bus structured financing transaction, aimed at providing the Swedish city of Gothenburg with low-carbon public transportation, arranged with Mitsubishi UFJ Financial Group (MUFG) and Societe Generale, supported by the EIB. This achievement is a significant milestone and commitment by Transdev on its journey to reducing carbon emissions across its fleets and it represents one of the first green bus structured finance transactions in Europe. The SEK 1.2bn financing operation facilitates the acquisition of 297 electric and biofuel buses being leased to Transdev for its use on five concessions in Gothenburg, starting from December 2020.
Climate action in Europe: EU ETS emissions see big drop in 2019, latest EEA assessment shows
Provider: View Original Type: Link Title: Climate action in Europe: EU ETS emissions see big drop in 2019, latest EEA assessment shows Description: Greenhouse gas emissions from stationary installations covered by the European Union’s Emissions Trading System (ETS) dropped by 9.1% in 2019 from 2018 levels, the largest drop in a decade, according to the latest European Environment Agency (EEA) briefing on trends and projections in the EU ETS released today.