ventures

UK’s Hive Energy secures £19 million guarantee for clean energy ventures in Serbia and beyond

British company Hive Energy has announced securing a £19 million (EUR 22.3 million) banking guarantee to support its projects in Serbia, Croatia, Turkey, and Poland. With the guarantee from Santander, backed by UK Export Finance (UKEF), Hive can finance its ongoing projects in Turkey, where it has already developed 11 MW of operational photovoltaic plants, and expand into new markets like Serbia. This additional financial capacity will accelerate the delivery of clean energy, aligning with Hive Energy's mission to reduce…