EIB and Iberdrola ink green loan for 315 MW offshore wind farm
The European Investment Bank (EIB) has signed a €500 million green loan with Iberdrola for the development of the Windanker offshore wind farm in the German Baltic Sea. The project will have an offshore wind capacity of 315 MW. Construction began with the installation of the first monopile earlier in November 2025, with turbine installation scheduled for 2026, and full commissioning expected by the fourth quarter of 2026.
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