Denmark/Germany: EIB to co-finance RWE's new Gigawatt offshore wind farm with a €1.2 billion green loan
The European Investment Bank (EIB) supports the construction of a new 1.1-Gigawatt wind farm in the North Sea by German company RWE with a loan of €1.2 billion. The Thor wind farm in the Danish part of the North Sea will be the largest in Denmark, consisting of 72 wind turbines with 15 MW capacity each. The wind farm will be capable of producing enough green electricity to supply the equivalent of more than a million Danish households, or one in three Danish households.