EIB Backs Portugese Wind Farm Construction

Wind Industry Profile of

The wind farms are located in the districts of Coimbra and Guarda, in the west and north of the country / 560 jobs expected to be created during the implementation phase / The EIB financing is backed by the European Fund for Strategic Investments (EFSI)

The European Investment Bank (EIB)  will provide €65 million and BPI an additional €47 million to EDP Renováveis S.A. (EDPR), one of the main producer of wind energy in the world, to finance the construction and operation of two onshore wind farms with a total nominal capacity of 125 MW in the districts of Coimbra and Guarda, Portugal. The project is co-financed by Banco BPI and the EIB financing is backed by the European Fund for Strategic Investments... ... More: Official Press Release EIB

Keywords:

EIB, Portugal, wind farm, investment, finances, onshore, implementation phase, EFSI, MW, support, jobs, energy plan, climate goal