The European Investment Bank (EIB) has given the go-ahead to financing for the 480 MW Saint-Nazaire offshore wind farm and the 498 MW Fécamp offshore wind farm in France. In a statement on Wednesday, EIB’s Executive Director Helga Schmid said: “The EIB is pleased that the French government has approved its loan guarantee of €500 million for the construction phase of these two
The European Investment Bank (EIB) has given the go-ahead to financing for the 480 MW Saint-Nazaire offshore wind farm and the 498 MW Fécamp offshore wind farm in France. The facilities, which will become operational in 2022, have been developed by EDF and Enbridge joint venture Eolien Maritime France.