Ares Enters Exclusive Talks to Acquire $2.2 Billion Stake in Eni’s Clean Energy Unit, Plenitude

Rome, Italy – May 2025 — Eni has entered exclusive negotiations with Ares Alternative Credit Management to sell a 20% stake in its clean energy and electric mobility subsidiary, Plenitude. The proposed transaction values Plenitude between €9.8 billion and €10.2 billion, with a total enterprise value exceeding €12 billion. The $2.2 billion deal underscores strong […]

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Valeo Raises €650 Million Through Green Bond to Fund Low-Carbon Mobility Projects

Paris, France – May 2025 — Valeo has successfully raised €650 million through a green bond issuance aimed at accelerating its low-carbon mobility initiatives, particularly in vehicle electrification. The bond, which matures on 20 May 2031, carries a fixed annual coupon of 5.125% and was issued under the company’s Green and Sustainability-Linked Financing Framework. The […]

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EBRD Arranges US$145 Million Sustainable Financing Package for Mongolia’s Khan Bank

Support to boost climate adaptation and women-led businesses through Mongolia’s largest lender The European Bank for Reconstruction and Development (EBRD) is arranging a financing package of up to US$145 million (€140 million) for Khan Bank, Mongolia’s largest commercial lender. This marks the EBRD’s largest bilateral transaction with a Mongolian financial institution to date. The financing aims to […]

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EBRD Invests €50 Million in Bulgaria’s First International Bond Issuance

16 May 2025 – In a significant boost for Bulgaria’s energy sector and green transition, the European Bank for Reconstruction and Development (EBRD) has invested €50 million in the €500 million senior secured bond issuance by the Eastern European Electric Company B.V. (EEEC). The transaction marks the first publicly listed, euro-denominated, benchmark-sized bond issued by […]

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EBRD, EU, GCF, and Canada Strengthen Green Lending in Morocco’s Private Sector

In a major initiative to support Morocco’s green transition, the European Bank for Reconstruction and Development (EBRD), alongside the Green Climate Fund (GCF), the European Union (EU), and Canada, has launched a €70 million financing package for Bank of Africa (BOA) under the Green Economy Financing Facility Plus (GEFF+). Boosting Green Investments in Morocco’s Private […]

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China Cuts Carbon Emissions in Early 2025 Despite Rising Power Demand

China recorded a year-on-year decline in carbon emissions during the first quarter of 2025, marking a notable step toward its climate targets, even as national electricity demand rose by 2.5%. According to recent data, carbon emissions fell by 1.6% compared to the same period in 2024. The reduction is primarily attributed to a surge in […]

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Local native species with global naturalization success can be strong competitors for alien species |

Guan-Wen Wei and Mark van Kleunen, from the Ecology Lab at the University of Konstanz in Germany, discuss their article: Responses of naturalized alien plants to soil heterogeneity and competition vary with the global naturalization success of the native competitors Biological invasions are happening With the development of transportation and globalization, species have been introduced […]

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EBRD Partners with Evocabank to Boost Business and Green Growth in Armenia

London, May 14, 2025 – The European Bank for Reconstruction and Development (EBRD) has entered into a landmark partnership with Evocabank to expand financial support for Armenian enterprises and advance the country’s transition to a green economy. Announced during the EBRD’s 2025 Annual Meeting and Business Forum in London, the new partnership marks the EBRD’s […]

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Innovation Fund 2024: Investing into the future of net-zero technologies and electric vehicle battery cell manufacturing

The two Innovation Fund 2024 calls officially closed on 24 April and received a remarkable total of 373 project proposals, signalling European industry’s unwavering commitment to the EU’s journey toward climate neutrality while boosting competitiveness. Under the calls, the Commission will allocate up to €3.4 billion in funding from the revenues of the EU Emissions […]

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What shapes the traits of African trees? Insights from evolution and climate |

Anaïs Gorel, University of Liège, Gembloux Agro-Bio Tech in Belgium, discusses their article: Leaf habit, maximum height, and wood density of tropical woody flora in Africa: phylogenetic constraints, covariation, and responses to seasonal drought How do African trees cope with drought? Tropical Africa is home to a remarkable diversity of trees, ranging from towering giants in […]

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