| Project Detail |
The project consists of an infrastructure fund targeting equity investments in greenfield renewable energy assets predominantly in high growth middle income markets and in selected EU Member States. By supporting major renewable energy projects, in particular onshore and offshore wind construction projects with European participation, the investment is well aligned with the objectives of the Global Gateway Initiative.
Objectives
The operation will support large scale renewable energy and other energy related technology investments in high growth middle income markets contributing to the achievement of renewable energy and decarbonisation targets in European Union and globally. By supporting major renewable energy construction projects, in particular onshore and offshore wind projects with European participation, the investment is well aligned with the objectives of the Global Gateway Initiative.
Sector(s)
Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
USD 100 million (EUR 92 million)
Total cost (Approximate amount)
USD 3000 million (EUR 2764 million) |
