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T&E: Denmark, Luxembourg, Netherlands lead deployments of zero-emission buses in Europe

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Denmark leads the way when it comes to putting zero-emission urban buses on the streets in Europe, with 78% of new vehicles being electric, according to the latest data from green NGO Transport & Environment. In Luxembourg and the Netherlands about two-thirds of new buses were zero-emissions.

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Volvo Cars successfully places first green bond, raises €500M

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Volvo Cars successfully placed its first green bond, raising €500 million from a diverse group of institutional investors and further increasing the company’s financial flexibility. A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects.

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Volvo Cars raises €500M for electrification through second green bond issue

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Volvo Cars successfully placed its second green bond to raise €500 million from a diverse set of global investors. The €500-million, 6-year fixed rate senior unsecured green bond was issued under Volvo Cars’ Euro Medium Term Note program. The bond was oversubscribed three-times, despite challenging global market conditions.

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Si anode company LeydenJar secures €30M EU backing for silicon anode foil factory

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Now, the EIB’s financing will help it to develop and install a set of larger machines to demonstrate the first-of-its-kind production of the anode material at industrial scale. This financing is supported by the InnovFin Energy Demonstration Projects of the European Commission, funded by EU’s research & innovation framework program.

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Energy Crop Company Ceres Completes New Round of Financing

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The financing round was led by Artal Luxembourg and Ambergate Trust, and included European investment company Gimv, among others. In 2009, Ceres received an ARPA-E award from the US Department of Energy to evaluate a trait that increases yield and reduces fertilizer requirements.

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Daimler Financial Services acquires PayCash Europe SA; launching “Mercedes pay” e-payment system

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In 2016, Daimler Financial Services AG had more than four million financed vehicles in its portfolio for the first time in the company’s history. The company plans to use the new payment system to facilitate these and other financing transactions in the future. Our philosophy is to provide mobility at your fingertips.

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Abellio, Alstom, NASA and Rolls-Royce to implement new hybrid drive solution on Coradia Lint diesel trains

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The four partners plan to sign a contract covering the retrofit of at least three vehicles once the studies have been successfully concluded and financing is secured. Subsequent conversion of the entire fleet of 54 Coradia Lint vehicles is under consideration.

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