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to-the-point: EIB mulling support for 13.3 MW of Spanish wind

Wind park in Spain. Author: Santi VillamarĂ­n. License: Creative Commons, Attribution-NoDerivs 2.0 Generic.

July 18 (Renewables Now) - The European Investment Bank (EIB) is considering extending EUR 58 million (USD 65.1m) in debt for a project involving the construction of onshore wind parks in Spain totalling 13.3 MW.

The specific schemes are a partnership between Fernando Sol SL, EFS Global Energy BV, Cierzo SAS and Engie Energy Services International, the EIB said on Wednesday. The companies secured them in the second round of tenders for renewables in Spain in May 2017.

The proposed wind complex will consist of three onshore wind parks in Aragon, northeastern Spain, and will require an overall investment of EUR 117 million.

According to the EIB’s statement, the so-called Goya II project is under appraisal as of July 17, 2019.

(EUR 1.0 = USD 1.122)

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Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

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