The European Commission and the European Investment Bank have announced today the disbursement of €2.5 billion from the Modernisation Fund to support 51 energy-related projects in 11 EU Member States. Financed by revenues from the EU Emissions Trading System (EU ETS), today's disbursement brings the total funding made available from the Modernisation Fund to €23.2 […]
The European Investment Bank will provide €25 million venture debt financing to Luxembourg-based satellite connectivity provider OQ Technology. The financing, supported by the European Commission's InvestEU programme, will support the ongoing research and development of its low-earth-orbit (LEO) satellite telecommunications technology, in line with international mobile communication standards. OQ Technology is deploying a sovereign constellation […]
