Asia Connect /
Europe
EIB lends €600 million for North Sea offshore wind farm
The 900MW He Dreiht project is set to start commercial operations in late 2025
Michael Marray
12 Apr 2023
The European Investment Bank ( EIB ) is supporting the construction of a 900-megawatt offshore wind farm in the North Sea, Germany, with a €600 million ( US$654.7 million ) loan to the German utility Energie Baden-Württemberg ( EnBW ). The overall cost of the project will be €2.4 billion.