Day: January 17, 2024

In a move to enhance those tools used to reduce emissions from deforestation and forest degradation, a significant collaboration has been announced by Julio Jose Montenegro, the CEO of BlueGrace Energy Bolivia (BGEB). This partnership, involving APRISCO ENERGY INDUSTRIES S.L., MAXIMANCE 2030 LTD, and BGEB, focuses on the issuance of voluntary carbon credits, which are crucial for CO2 capture and the fight against climate change effects.

In December 2023, BlueGrace Energy Bolivia, in partnership with MAXIMANCE 2030 LTD, secured approval for ISIN UK.BG.MAX 785.985257. This authorization facilitates the support of the Landmark Forest Conservation Project through equities, with a tenure of 10 years.

This cooperative effort is in line with several global environmental commitments. These include the Escazú Agreement, the Paris Agreement, and the UN Economic Commission for Latin America and the Caribbean’s (ECLAC) agreement on climate change and fair transition, as confirmed at the COP28 in Dubai at the end of 2023. The agreement underscores the importance of sustainable forest practices and supports countries implementing them through international financial incentives.

APRISCO ENERGY INDUSTRIES S.L., in collaboration with key strategic partners like Catalana de Biogás Ibérica (supported by Sinia Renovables of Banco Sabadell Group), Catalana de Renovables alongside the Soriguè Group, and the “TESLA GROUP” from the Czech Republic, is embarking on a series of initiatives to enhance renewable energy development. These initiatives include:

1. Prioritizing investments in electricity generation from a variety of renewable sources, tailored to the specific potential and opportunities of each country.
2. Stimulating the growth of the renewable energy sector and the broader productive sector. This includes promoting the use of sustainable hydrogen for decarbonization in transportation and industry, enhancing competitiveness, and supporting export activities.
3. Enhancing energy efficiency across various sectors.
4. Advancing the development and implementation of energy storage solutions.
5. Organizing campaigns and discussions to raise awareness about the social, environmental, and economic implications of different energy transition scenarios.
6. Encouraging the recognition and appropriate commercial treatment of biodiversity credits, highlighting their importance in environmental preservation.
7. Providing financial assistance for the restoration and recovery of ecosystems and natural biomes. This recognizes the vital role of protected forest areas, such as “Gran Chaco – Bolivia,” in CO2 capture and climate change mitigation.
8. Acknowledging the significant contribution of BLUEGRACE ENERGY BOLIVIA SRL’s protected forest capital in “Gran Chaco – Bolivia.” This area is a key biome on the continent, playing a crucial role in CO2 sequestration and helping to counteract climate change effects.

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, and Ignitis Renewables have won the auction-based competitive tender for the development of an offshore wind farm in the Liivi 1 seabed area in Estonia, having placed the highest bid of EUR 1.16 million

COPENHAGEN, Denmark, Jan. 17, 2024 (GLOBE NEWSWIRE) — Having previously won the Liivi 2 site in Estonia’s first offshore wind tender held in December 2023, CIP, the world’s largest fund manager within greenfield renewable energy investments, and international green energy company Ignitis Renewables see the adjacent site of Liivi 1 as a natural extension of the seabed area. This will allow for greater synergy and optimisation in developing the sites as a single offshore wind project.

The maritime area of both sites is in the Gulf of Riga, northwest of Ruhnu Island and near Estonia’s Baltic Sea coast, covering approximately 193 square kilometres. The project, to be developed on the two sites combined, is expected to become operational post 2030, subject to obtaining the relevant permits, contracting suppliers, and securing financing.

CIP and Ignitis Renewables have signed an agreement to collaborate exclusively on offshore wind opportunities in Estonia and Latvia. The partnership leverages CIP’s global offshore wind expertise and Ignitis Renewables’ leading market position in the Baltic region.

Having now secured both the Liivi 1 and Liivi 2 sea areas, CIP and Ignitis Renewables have a strategic position to optimise the scale and potential of the sites, representing a key investment in Estonia’s transformation into a sustainable, long-term green energy hub in Europe.

About Copenhagen Infrastructure Partners
Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focus on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.

CIP manages 12 funds and has to date raised approximately EUR 26 billion for investments in energy and associated infrastructure from more than 150 international institutional investors. CIP has approximately 500 employees and 12 offices around the world. For more information, visit www.cip.com

About Ignitis Renewables

Ignitis Renewables is an international green energy company operating in the three Baltic states and Poland. Its objective is to develop a low-carbon electricity generation portfolio with a focus on offshore wind, onshore hybrid, Power-to-X and storage technologies. By developing new projects, the company is implementing the strategic goal of Ignitis Group to enable green and flexible capacity build-out and to deliver 4–5 GW of installed green generation capacities by 2030.

For further information, please contact:

Oliver Routhe Skov, Head of Media Relations, CIP
Phone: +45 30541227
Email: orsk@cip.com

Thomas Kønig, Partner – Investor Relations, CIP
Phone: +45 7070 5151
Email: tkon@cip.com

Paulius Kalmantas, Ignitis Renewables
Communications Partner
Mobile: +370 617 51616
Email: paulius.kalmantas@ignitis.lt

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IVECO_BUS_E-WAY_18_ ATAC_Rome

The IVECO BUS electric bus E-WAY 18 meters for ATAC Rome

IVECO BUS wins its largest zero-emission vehicle contract in Italy with more than 400 electric buses for Rome

Turin, 17^th January 2024. IVECO BUS, the urban, intercity and tourist bus brand of Iveco Group (EXM: IVG) has won its largest electric bus contract in Italy to date for the supply of 411 battery electric vehicles to ATAC S.p.A.- Azienda per la mobilità, the public transport company of Italy’s capital city.

The contract, signed today, is worth more than 300 million euros and is part of ATAC’s strategic plan to offer increasingly sustainable, efficient and accessible mobility. The tender comprises not only the new electric buses, measuring either 12 or 18 metres in length, but also a 10-year full-service maintenance plan for each.

The first deliveries are expected by the end of 2024 and all the remaining buses are to be delivered by mid-2026. This important investment demonstrates Rome’s reliance on IVECO BUS to provide viable solutions as one of ATAC’s trusted suppliers.

Domenico Nucera, President, Bus Business Unit, Iveco Group, stated: “We are extremely proud to be a key contributor to Rome’s transition towards greener and more efficient mobility. Our increasingly strong offering in the field of electric passenger transport is being recognised across the entire Italian market, and internationally as well, confirming our position as a leading partner. Extending this to the capital of Italy, the ‘Eternal City’, is a fitting way to begin 2024, after closing a very satisfying year in terms of orders for IVECO BUS.”

Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a major force in its specific business: IVECO, a pioneering commercial vehicles brand that designs, manufactures, and markets heavy, medium, and light-duty trucks; FPT Industrial, a global leader in a vast array of advanced powertrain technologies in the agriculture, construction, marine, power generation, and commercial vehicles sectors; IVECO BUS and HEULIEZ, mass-transit and premium bus and coach brands; IDV, for highly specialised defence and civil protection equipment; ASTRA, a leader in large-scale heavy-duty quarry and construction vehicles; MAGIRUS, the industry-reputed firefighting vehicle and equipment manufacturer; and IVECO CAPITAL, the financing arm which supports them all. Iveco Group employs more than 35,000 people around the world and has 20 industrial sites and 29 R&D centres. Further information is available on the Company’s website www.ivecogroup.com

Media Contacts:
Francesco Polsinelli, Tel: +39 335 1776091
Fabio Lepore, Tel: +39 335 7469007
E-mail: mediarelations@ivecogroup.com

Investor Relations:
Federico Donati, Tel: +39 011 0073539
E-mail: investor.relations@ivecogroup.com

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