ING commits EUR100 million to Sustainable Investments fund
Dutch multinational banking and financial services firm ING has launched a Sustainable Investments fund, committing EUR100 million of capital to support sustainable ’scale-ups’ with a proven concept and a positive environmental impact. The OECD definition of a scale-up is a company with an average annualized return of at least 20% in the past 3 years with at least 10 employees in the beginning of the period.
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Country news
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January 11, 2018
First zero-subsidy offshore wind tender held in the Netherlands
The Dutch Ministry of Economic Affairs and Climate Policy has held the country's first zero-subsidy offshore wind tender. The tender, described as a huge breakthrough by the Minister of Economic Affairs and Climate Policy, concerned sites I and II of the Hollandse Kust (Zuid) off-shore wind farm. It closed on 21 December 2017.
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January 02, 2018
Vattenfall to supply 1.5 TWh of electricity to AkzoNobel
Vattenfall has announced that it has agreed to will supply 1.5 TWh of electricity annually to AkzoNobel in the Netherlands. The new agreement concerns AkzoNobel’s chemical production sites in Delfzijl, Hengelo and Rotterdam.
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November 30, 2017
Saba Electric Company launches tender for power plant and battery storage system on Saba island
Saba Electric Company N.V. (SEC) has launched a tender for a solar power plant of at least 1 MW and battery storage of at least 1.5 MWh on the Dutch Caribbean island of Saba. This will be Saba's second solar power plant.
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November 22, 2017
EIB approves financing for 740-MW Borssele III and IV wind projects in Netherlands
The consortium Blauwwind II C.V., comprising Shell, Eneco, Van Oord, and Diamond Generating Europe, a wholly-owned subsidiary of Mitsubishi has secured project financing from the European Investment Bank (EIB) for the up to 740 MW Borssele 3&4 offshore wind farm in the Dutch part of the North Sea.
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November 16, 2017
DIF Core Infrastructure Fund I achieves final close
DIF has announced the final close of DIF Core Infrastructure Fund I at the hard cap of € 450 million (US$ 527,83 million).
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