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EIB grant to spur Nortegas’ biomethane plant roll out in Spain

Gas
November 29, 2024

The European Investment Bank (EIB) has granted Nortegas Group funding of up to €80m to enable group subsidiary Nortegas Renovables to finance the construction of biomethane plants in Spain.

The financing falls under the EIB action plan to support REPowerEU, and is backed by InvestEU, an EU programme designed to mobilise over €372bn in additional investment from 2021-2027.

The project will enable the development of the first phase of Nortegas Renovables’ strategic plan, which aims to generate up to 3.5 TWh/year by 2030.

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Gas
February 4, 2025

All change at Air Products: The rise of Menezes

The appointment by Air Products of former Linde executive Eduardo Menezes as CEO marks a notable change of direction for the industrial gas major. Here’s more on Menezes and on…

Gas
February 4, 2025

Ghasemi leaves strong if complex financial legacy

Air Products’ EBITDA margin graph over the last decade is in many ways a metaphor for Seifi Ghasemi’s up-and-down career. If we leave to one side, and look at the…