Economie & Commerce
EIB Funds German Offshore Wind Farm Project
The European Investment Bank (EIB) has reached financial close on the Gennaker offshore wind farm project in the German Baltic Sea, providing a significant boost to renewable energy infrastructure. This project, developed by Skyborn Renewables, will have a capacity of up to 976.5 MW. This investment underscores the EIB's commitment to supporting the EU's climate goals and reducing reliance on fossil fuels, contributing to a greener and more secure energy supply for European citizens.
Major EIB funding for a new offshore wind farm boosts EU's green energy and energy security.