Posted by: Windfair Editors
EIB finances first energy link connecting Germany and the UK
Image: PixabayOfficial Press Release EIB:
EIB provides €400 million to support first ever energy link connecting Germany and the United Kingdom
Work to build the NeuConnect interconnector will start this year, connecting two of Europe’s largest energy markets for the first time / A consortium of more than 20 banks including the EIB, the UK Infrastructure Bank and the Japan Bank for International Cooperation (JBIC) will support investors Meridiam, Allianz Capital Partners, and Kansai Electric Power in this €2.8 billion investment / The energy link will support renewable energy policies in the European Union and the United Kingdom
The European Investment Bank (EIB) — as part of a consortium of more than 20 international banks — has agreed on the financing structure of the first ever energy link connecting Germany and the United Kingdom. The investment to build this interconnector will amount to... ... More: Official Press Release EIB
- Keywords:
- EIB, Germany, North Sea, UK, interconnector, electricity, renewable, energy link, bank, financing, EU, commercial operation
