Global Trade Alert
Global Trade Alert

France: EIB approves EUR 450 million financing to develop two offshore windfarms in Saint-Nazaire and Fécamp

Announcement

29 May 2020

In May 2020, the European Investment Bank (EIB) approved a EUR 450 million (approx. USD 499.7 million) financing agreement to develop two offshore windfarms in Saint-Nazaire and Fécamp in France.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 May 2020

Revocation date:

No revocation date

Updated: 29 May 2020
Loan guarantee In force

The EIB's approved EUR 450 million (approx. USD 499.7 million) financing agreement to develop two offshore wind farms in France, signed on 29 May 2020, was backed by the European Fund for Strategic...

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Updated: 29 May 2020
State loan In force

On 29 May 2020, the European Investment Bank (EIB) approved a EUR 450 million (approx. USD 499.7 million) loan agreement to design, build, maintain and operate two offshore wind farms in France, lo...

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