EIB grants €600mn loan for BC-Wind offshore wind farm in Poland
With a €600mn ($652mn) contribution, the European Investment Bank becomes the main lender of the BC-Wind offshore wind project developed by Ocean Winds off the Polish coast.
| Sector | Énergie Éolienne, Offshore |
|---|---|
| Theme | Investissements & Transactions, Financement, Développement de projets |
The European Investment Bank (EIB) has confirmed the granting of a €600mn ($652mn) loan for the construction of the BC-Wind offshore wind farm, located more than 20 kilometres off Poland’s western coast in the Baltic Sea. This financing makes the EIB the largest contributor to the financial structure of this 390-megawatt (MW) project, led by Ocean Winds, a joint venture between French energy company Engie and Spain’s EDP Renováveis.
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