CleanTechnica•6 months ago
€500 Million Green Loan Signed For 315 MW Offshore Wind Farm
- •Iberdrola secured a €500 million green loan from the European Investment Bank (EIB), backed by Spanish export credit agency Cesce, for the 315 MW Windanker offshore wind farm.
- •This significant financing demonstrates robust institutional support and the availability of capital for large-scale renewable energy projects, particularly offshore wind.
- •The deal highlights a growing trend in green financing, potentially lowering the cost of capital for developers pursuing similar large-scale clean energy ventures.
financing