European Investment Bank

The European Investment Bank (EIB) is intensifying efforts to spur energy savings by businesses across Europe with a €60 million ($71.1 million) commitment to launch a financing platform run by Solas Capital, an energy transition investment advisor.

Engie Will Close 1 GW of Coal Generation; Adding Solar, Wind. French energy group Engie in mid-December said it will close 1 GW of coal-fired power generation assets in Peru and Chile over the next five years