10 Jan 2013|--

Offshore wind power: EIB finances EnBW Baltic 2 with € 500 million

EUROPA, EU: The European Investment Bank (EIB) has granted a loan of € 500 million to the largest offshore wind farm to date in the German Baltic Sea; EnBW Baltic 2. The project is being realised by EnBW Erneuerbare Energien GmbH. The financing contract was signed in Karlsruhe.

The position and scale of EnBW Baltic 2 make it particularly demanding. The 80 wind turbines will be developed on an area of 27 square metres, 32 km north of the island of Rügen. The sea can be 44 metres deep in this area, which means that special foundation structures, so-called jackets, are required. With a capacity of 288 megawatts, EnBW Baltic 2 will achieve an annual output of 1.2 billion kilowatt hours. This means around 340,000 households can be supplied annually and around 900,000 tonnes of carbon dioxide can be saved in this way. (Source: http://europa.eu/rapid/press-release_BEI-13-5_en.htm)

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