EIB finances European energy transition

Wind Industry Profile of

EIB signs a EUR 250 million loan agreement with TenneT to fina nce the 40km high voltage electricity transmission corridor in the North of the Netherlands between Eemshaven and Vierverlaten, as well as the new high voltage substation in Vierverlaten / The upgraded energy infrastructure will, amongst others, support the connection of North Sea wind farms to the electricity grid and ensure a high security of supply / This financing increases the aggregate total EIB commitment to TenneT projects to EUR 1.8 billion

The European Investment Bank (EIB) has signed a EUR 250 million loan agreement with TenneT Holding B.V. The financing will be used to build a 40-km long electricity transmission corridor from Eemshaven to Vierverlaten in the province of Groningen, in the north of... ... More: Official Press Release TenneT

Keywords:

TenneT, EIB, investment, loan, Netherlands, Germany, transmission line, grid, renewable energy, transport, electricity, connection, offshore, wind farm, onshore, route