‘Green loan’ of €1 billion to finance offshore grid connections in North and Baltic Seas
Eurogrid GmbH, the parent company of 50Hertz Transmission GmbH, entered into a contract with twelve banks for a redeemable loan of one billion euros with a term of ten years as part of ‘green’ syndicated financing supported by KfW. The loan will finance two offshore grid connections in the North and Baltic Seas. The projects [...]