EIB grants €35 million green loan to Haizea wind group for advanced wind energy technologies 

The initiative reaffirms the EIB’s position as the EU Climate Bank and supports the advancement of significant renewable energy technology and the global competitiveness of Europe’s offshore wind sector.  

It also enhances the European renewable energy supply chain and strengthens the European supply chain for renewable energy. 

Also read: EIB and Deutsche Bank partner to strengthen wind energy supply chain with €5 billion initiative 

EIB Director of Operations for Spain and Portugal, Gilles Badot, said, “Loans like the one we are signing with Haizea today reflect the EIB’s commitment to innovation and the development of renewable energy technologies enabling us to move forward with the energy transition and strengthening the competitiveness of our companies,”  

He added, “A robust renewable technology manufacturing sector is vital to guaranteeing the European Union’s energy security and autonomy.” 

This loan is backed by the InvestEU programme to mobilise public and private sector funds in support of EU policy goals. 

This loan is part of the EIB’s innovation support and falls under its cross-cutting priority of climate action and environmental sustainability.  

The operations also add to the REPowerEU plan’s goal of increasing energy security and reducing the union’s dependence on fossil fuel imports.