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Home » Energy Storage » Bank Nord/LB Provides €87 Million Financing for Nofar Energy’s Stendal BESS Project in Germany
Energy Storage

Bank Nord/LB Provides €87 Million Financing for Nofar Energy’s Stendal BESS Project in Germany

By James RichardMarch 5, 20252 Mins Read
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Bank Nord/LB has announced an €87 million financing package for the 209MWh Stendal Battery Energy Storage System (BESS) project in Germany, marking a significant step in the country's renewable energy landscape. The project, being developed by Nofar Energy, is set to go live in 2026 and is the second large-scale BESS project to be financed

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