NIB finances the Anholt offshore wind farm

NIB finances the Anholt offshore wind farm

ID: 67439

(Thomson Reuters ONE) -


The Nordic Investment Bank (NIB) and Danish energy company DONG Energy have
signed a loan totalling EUR 240 million (DKK 1.8 billion) for financing the
Anholt offshore wind farm.

The loan has a maturity of 10 years and will partly finance the construction of
what will become one of the world's largest offshore wind farms. The wind farm
will be located offshore in the Kattegat between Jutland and the island of
Anholt.

The Anholt offshore wind farm will supply CO2-free power corresponding to the
annual power consumption of more than 400,000 Danish households, or 4% of
Denmark's total power consumption.

"This loan to DONG Energy's new offshore wind farm contributes to the Danish
government's efforts to make the country less dependent on fossil fuel," says
Johnny Åkerholm, NIB President and CEO.

The offshore wind farm project consists of 111 wind turbines, each with a
capacity of 3.6 MW. Anholt offshore wind farm is expected to supply its first
power in 2012.

DONG Energy is one of Europe's leading wind power producers with around 20 years
of experience in building and operating offshore wind farms. The company's
business is based on procuring, producing, distributing and trading in energy
and related products in Northern Europe.

The Nordic Investment Bank (NIB) is the common international financial
institution of the eight Nordic and Baltic countries. NIB provides long-term
financing to the energy, environmental, transport, logistics and communications,
and innovation sectors for projects that strengthen competitiveness and enhance
the environment. NIB has the highest possible credit rating, AAA/aaa, with the
leading rating agencies Standard & Poor's and Moody's.

For further information, please contact
Ann Værum, Senior Manager, Origination, at +45 232 55624,ann.vaerum(at)nib.int




Kyra Koponen, Communications Officer, at +358 10 618 0297,kyra.koponen(at)nib.int






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: NIB NORDIC INVESTMENT BANK via Thomson Reuters ONE

[HUG#1548119]


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Bereitgestellt von Benutzer: hugin
Datum: 20.09.2011 - 10:49 Uhr
Sprache: Deutsch
News-ID 67439
Anzahl Zeichen: 2699

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