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Home » Finance » European Investment Bank Commits EUR 400 Million to Orsted for Offshore Wind Farm Construction
Finance

European Investment Bank Commits EUR 400 Million to Orsted for Offshore Wind Farm Construction

By Caesar HarrettDecember 7, 20231 Min Read
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A turbine at Hornsea One. Credit: Orsted
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The European Investment Bank (EIB) has formalized a EUR 400 million framework loan agreement with Danish clean energy company Orsted A/S (CPH:ORSTED) to facilitate the development of offshore wind farms. This marks the initial portion of a larger facility of up to EUR 1.2 billion sanctioned by the EIB to support Orsted in advancing projects

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Baltic Sea Borkum Riffgrund 3 Danish Electricity Europe European Investment Bank Germany Offshore Poland Renewable energy REPowerEU
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Previous ArticleGoldenPeaks Capital Secures Financing for 72MW Solar Portfolio in Poland
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