Ørsted gets EIB loan to boost green energy

Wind Industry Profile of

The European Investment Bank (EIB) has signed a EUR 500 million loan with Ørsted to support its increased capex programme on renewable energy projects, and the conclusion of the Borssele 1 & 2 wind farms off the Dutch coast with a long-term commitment from the EIB.

“We’re very pleased with the commitment from EIB and the strong support they are showing for Ørsted’s investments into the Borssele 1 & 2 wind farms and renewable energy in general. With this loan Ørsted has secured long-term financing for the project, which is a key enabler towards succeeding with our aspiration to become the world’s leading green energy major,” said Vice President Kasper Kiim Jensen, Head of Treasury & Capital Planning at... ... More: Official Press Release Ørsted

Keywords:

Ørsted, EIB, loan, capex programme, Borssele, R&D technology, offshore, wind farm, enabler, developer, Europe, green energy