Green Car Congress
JANUARY 17, 2021
In Luxembourg and the Netherlands about two-thirds of new buses were zero-emissions. However, Germany is now financing 80% of the higher purchase cost of e-buses. T&E said the EU’s €750-billion COVID recovery fund is a clear way to finance e-bus deployment.
Green Car Congress
OCTOBER 1, 2020
The proceeds of the bond will be used to fund the design, development and manufacturing of fully electric cars in line with the company’s recently established Green Finance Framework. The settlement date is expected to be 7 October 2020 and the bonds will be listed on the Luxembourg Stock Exchange.
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Green Car Congress
JULY 8, 2010
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.
Green Car Congress
NOVEMBER 14, 2013
Hamburg and Luxembourg have already signed contracts for supplies of the buses in 2014 and 2015. The project is co-financed by Life+, the EU’s financing program for environmental projects. A demo project that will bring eight more plug-in hybrid buses into service will commence next year in Stockholm.
Green Car Congress
MAY 25, 2022
The bond matures on 31 May 2028, pays a fixed coupon of 4.25%, equivalent to 291 basis points above mid-swap, and will be listed on the Luxembourg Stock Exchange. In 2020, Volvo Cars established a Green Finance Framework in alignment with the ICMA Green Bond Principles.
Green Car Congress
DECEMBER 10, 2022
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.
Green Car Congress
SEPTEMBER 24, 2018
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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