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EU loan helps kick-start construction of floating wind farm off the coast of Portugal

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EU loan helps kick-start construction of floating wind farm off the coast of Portugal

Monday, 22 October, 2018
he European Investment Bank today signed an agreement with the WindPlus consortium to provide a €60 million loan for installing a wind farm that will float in deep waters off the Portuguese coast. The loan will come from the InnovFin Energy Demonstration Projects facility (InnovFin EDP), which is funded under the EU’s research and innovation programme Horizon 2020.
Source: 
http://ec.europa.eu/programmes/horizon2020/en/news/eu-loan-helps-kick-start-construction-floating-wind-farm-coast-portugal