Belgium: EIB grants investment support for the wind farm projects Mermaid and Seastar located off the coast of Belgium

Announcement

30 Nov 2018

In November 2018, the European Investment Bank (EIB) signed a loan agreement with Belgium Electrabel S.A., Eneco Wind Belgium S.A. and Otary RS to support their construction of the two offshore wind farm projects Mermaid and Seastar located off the coast of Belgium. The loan will be guaranteed by the European Fund for Strategic Investment (EFSI).

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Nov 2018

Revocation date:

No revocation date

Updated: 30 Nov 2018

State loan In force

The European Investment Bank (EIB) proposed having a total approved value of EUR 500 million (approx. USD 566 million) for two Belgium wind farm projects. Under the approve...

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