08/07/2011 (Agence Europe) - Germany - €500 million for Global Tech I off-shore wind farm. The bulk of financing for one of the most costly ever wind farms in the German North Sea has now been secured. A consortium of commercial banks and the European Investment Bank (EIB) signed the finance contract for the Global Tech I project in Hamburg on Thursday 7 July. The external borrowing requirement is around €1 billion and the EIB's contribution amounts to €500 million. (L.C./transl.jl)