The European Union will support the construction of the Rentel wind farm off the Belgian coast with a loan of up to EUR 300 million from the EIB. EUR 250 million of the loan will be guaranteed under the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe, in which the EIB is the strategic partner of the European Commission. The total cost of the project is estimated to be around EUR 1.1 billion, of which the EIB will provide approximately 27%.
Source: eib.org
