Extension - people, topics, trends
Coronavirus has kept the world preoccupied for a good year now. The number of infections around the world has reached previously unimaginable heights, the global economy is in a spin and we are all dealing with the knock-on effects of the mitigation measures. How we work has fundamentally changed along the way and thus the outbreak of the pandemic marked the start of a hugely accelerated process of changing how we organise our work. To mark this anniversary, the bank’s HR department has taken a brief look back over the past months.
Our mobility needs to become more climate-friendly in the future – and, thanks to the electrification of cars, buses and vans, this has increasingly become the case of late. Markus Scheer, member of the Management Board of KfW IPEX-Bank, talks about battery technology for tomorrow’s mobility.
In her ExpertTalk, Johanna Reinkemeier, expert for digital infrastructure at KfW IPEX-Bank, provides insights into the world of fibre-optic, broadband and mobile network expansion as well as data centres.
In addition to private use, demand is growing in particuar in business, administration and education. The market is highly dynamic but also complex.
As a competent and reliable partner, we are shaping the transition to sustainable economic, social and ecological development worldwide together with our customers. In this sense, we are making a positive contribution to the implementation of the United Nations’ Sustainable Development Goals (SDG).
In late February 2019 KfW IPEX-Bank announced that it was participating in the financing of the Finnish wind farm '"Hedet" in the westerm part of the country. Now, after about 17 months of construction, the wind farm can start operating - but what all had to happen for this to be possible?
Various scientific assessments currently estimate that it will be possible to obtain our entire electricity supply from renewable energies by about 2050. Until then, however, fossil energy sources will still be needed in the energy mix and in particular will have to guarantee security of supply.
The ship is longer than the Eiffel Tower is tall. At over 400 m long and with capacity to hold over 23,000 standard containers, the CMA CGM Jacques Saadé is among the giants of the seas. With twelve layers of containers stacked on top of each other, she is taller than a 26-storey building. And best of all: she is powered by environmentally friendly liquefied natural gas (LNG), the best technical solution currently available in terms of energy transition. She is the first ship of this size in the world to have an LNG engine.
Some 300 guests attended a virtual opening ceremony via live stream at the end of October 2020 to mark the launch of the new MAIN DC data centre in Offenbach, Germany, following a construction period of around a year. Tech companies around the world will benefit from the new capacity it provides. The centre is located on the campus of energy supplier Energieversorgung Offenbach (EVO) – in close proximity to one of the most important Internet exchange points in the world (Frankfurt-based DE-CIX). This ensures that the data centre has a fast connection to global data streams. KfW IPEX-Bank provided the EUR 117 million needed to finance the data centre, with the total investment volume coming to around EUR 160 million.
The Floating Storage and Regasification Unit (FSRU) hat docked at the expanded LNG terminal in the Port of Açu in Rio de Janeiro, marking an important milestone in the GNA 1 project. Back in early 2019 KfW IPEX-Bank co-financed the thermoelectric gas-fired power plant GNA 1, thus playing a key role in helping to modernise, diversify and stabilise Brazil's energy mix.
Together with our customers and business partners, we are making a significant contribution to global climate and environmental protection through financing for ‘green energy’. This is demonstrated, for example, by new commitments totalling EUR 3.2 billion in our ‘Power, Renewables and Water’ sector department in the last financial year.