EIB Approves €500 Million Loan For German Wind Project
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The European Investment Bank has approved a €500 million (£411.4 million) loan for a German wind farm, which it claims is the largest wind farm of all. It is called the EnBW Baltic 2 project.
This wind farm will consist of 80 turbines, and is to be constructed in the Baltic Sea. It will have an electricity generation capacity of 288 MW, and, in reality, is expected to generate 1.2 billion kWh of electricity annually.
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