EIB – WIND FARM
April 1st, 2005
BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) has released plans to lend Denmark's DONG up to Pounds 60 million to help fund the construction of a 90MW offshore wind farm in the Irish Sea, off Barrow-in-Furness. The planned power station should produce 305GWh annually, equalling the power consumption of more than 65,000 households. The project's total cost to the Danish power operator will be Pounds 123 million.
THE EUROPEAN Investment Bank (EIB) has released plans to lend Denmark's DONG up to Pounds 60 million to help fund the construction of a 90MW offshore wind farm in the Irish Sea, off Barrow-in-Furness. The planned power station should produce 305GWh annually, equalling the power consumption of more than 65,000 households. The project's total cost to the Danish power operator will be Pounds 123 million.
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.