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The European Investment Bank (EIB) has reiterated its support for the Nordlink interconnection project
between Germany and Norway.
The German-Norwegian Nordlink Interconnection Project received an additional 100 million euros
EIB has completed a €100 million hybrid securities offering with European grid operator TenneT to support the interconnection project
.
Following the signing of the grant of loans to TenneT and Norgien's national grid Statnett in 2017, EIB has now signed a hybrid bond offering for TenneT to further support the project
.
The European Fund for Strategic Investment (EFSI) makes project financing possible, a central pillar of the success of the European Investment Plan, initiated by the European Investment Bank Group and the European Commission to improve the competitiveness
of the European economy.
The NordLink Interconnect project is developed by Statnett and DC Nordseekabel, each with 50% ownership
.
DC Nordseekabel is jointly owned by TenneT and KfW and is responsible for the construction
of the German part of the project.
Once completed, the bipolar HVDC interconnect will connect Norway and Germany's North Sea, with a rated capacity of 1,400 MW and a total length of 624 km
.
，
The European Investment Bank (EIB) has reiterated its support for the Nordlink interconnection project
between Germany and Norway.
The German-Norwegian Nordlink Interconnection Project received an additional 100 million euros
The German-Norwegian Nordlink Interconnection Project received an additional 100 million eurosEIB has completed a €100 million hybrid securities offering with European grid operator TenneT to support the interconnection project
.
Following the signing of the grant of loans to TenneT and Norgien's national grid Statnett in 2017, EIB has now signed a hybrid bond offering for TenneT to further support the project
.
The European Fund for Strategic Investment (EFSI) makes project financing possible, a central pillar of the success of the European Investment Plan, initiated by the European Investment Bank Group and the European Commission to improve the competitiveness
of the European economy.
The NordLink Interconnect project is developed by Statnett and DC Nordseekabel, each with 50% ownership
.
DC Nordseekabel is jointly owned by TenneT and KfW and is responsible for the construction
of the German part of the project.
Once completed, the bipolar HVDC interconnect will connect Norway and Germany's North Sea, with a rated capacity of 1,400 MW and a total length of 624 km
.
，
