(IN BRIEF) Eurogrid GmbH, the parent company of 50Hertz, has secured a one billion euro, ten-year loan agreement with twelve banks as part of a KfW-backed green syndicated financing deal. The loan will fund two offshore grid projects, Ostwind 4 … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 50Hertz Transmission GmbH, 525 kV standard, Baltic Sea, CFO, climate protection, corporate investment, direct current grid connection, Eurogrid GmbH, financing instruments, financing strategy, green loan, green syndicated financing, IKB Deutsche Industriebank, KfW, LanWin 3, Marco Nix, North Sea, offshore grid connections, Ostwind 4, partnership, renewable energy, Rügen, Schleswig-Holstein, sustainability
New offshore standard set by the 2GW Program will accelerate Europe’s energy transition With a combined six gigawatts, BalWin1, BalWin2 and BalWin3 will meet 20 per cent of the expansion targets for offshore wind by 2030 set out in the … Read the full press release
Posted in Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Netherlands
Tagged 2GW Program, BalWin projects, BalWin1, BalWin2, BalWin3, climate neutrality, energy transition, German North Sea, HVDC, Lower Saxony, North Sea, offshore grid connections, Tennet, Tim Meyerjürgens
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