30 Jul '18, 2pm

EIB considers financing €634mn wind farm project in Spain: Energy Digital https://t.co/pyhGJ4atC6

EIB considers financing €634mn wind farm project in Spain: Energy Digital https://t.co/pyhGJ4atC6

The European Investment Bank (EIB) is considering investing in a project to build 21 wind farms in Spain. Alfanir, a Saudi Arabian business based in Riyadh, took control of the construction of the wind farms having won the project at auction last year and is now seeking funding for its completion. See also: Renewable sources in Spain reach 45.8% of total energy $3.4bn Scottish offshore wind farm begins powering National Grid Read the latest issue of Energy Digital magazine The 21 facilities are set to have a combined capacity of 547MW. The farms are to be built in Andalucia, Asturias, Castilla la Mancha Castilla Leon and Galicia y Navarra. Each farm will have capacities of between 8MW and 50MW and in total will include 163 turbines. In its entirety, the construction is set to cost €634mn, and Alfanir is seeking €385mn of this from the European Investment Bank – a request w...

Full article: https://www.energydigital.com/renewable-energy/eib-consid...

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