Global Trade Alert
Global Trade Alert

Belgium: EIB grants investment support for Belgium wind farm project

Announcement

03 Oct 2016

In October 2016, the European Investment Bank (EIB) signed a loan agreement with Otary NV to support its design, construction, operation and maintenance of the Rentel wind farm located in the Exclusive Economic Zone (EEZ) of Belgium. The loan will be guaranteed by the European Fund for Strategic Investment (EFSI).

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 Oct 2016

Revocation date:

No revocation date

Updated: 03 Oct 2016
Loan guarantee In force

The EIB's loan to Otary NV signed on 3 October 2016 was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 300 million (approx. USD 336 million) and w...

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Updated: 03 Oct 2016
State loan In force

The loan agreement between the European Investment Bank (EIB) and Otary NV was signed on 3 October 2016 and has a total value of EUR 300 million (approx. USD 336 million).

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