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Europe Daily Bulletin No. 9950

29 July 2009
Contents Publication in full By article 27 / 31
GENERAL NEWS / (eu) eu/eib
Loan for construction and operation of windfarm off Belgian coast

Brussels, 28/07/2009 (Agence Europe) - On Monday 27 July, the EIB granted a loan of €300 million to finance the Belwind project, the first time that EIB has assumed project finance risk for an offshore wind farm. The financing will cover the construction and operation of the first phase of a 330 MW offshore wind farm situated at the Bligh Bank in the North Sea, 46 km off the coast of Belgium. Belwind will be the largest Belgian offshore wind farm, helping the Belgian government achieve its...

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