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EIB provides €45M financing for 96 MW of wind projects in Portugal

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EIB provides €45M financing for 96 MW of wind projects in Portugal

The European Investment Bank provided €45 million in financing to an EDP Renováveis SA subsidiary to build three wind farms in Portugal with a combined capacity of 96 MW, according to a Dec. 12 company announcement.

Eólica da Linha SA, a subsidiary of EDP Renováveis, will build the 20.5-MW Maunça wind farm in Batalha/Leiria, the 28.8-MW Vigia wind farm in Tarouca and the 46.8-MW Penacova wind farm in Penacova.

Banco Português de Investimento is co-financing the project.