EIB to finance three wind farms in Austria

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EIB to finance three wind farms in Austria

The European Investment Bank (EIB) is providing EUR48 million (US$59.65 million) to finance the construction and operation of three new wind farms in Austria (Kreuzstetten IV, Dürnkrut II and Hipples II) with a total capacity of 39 MW. The facilities will be operated by Windkraft Simonsfeld AG.

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List of country news

Country news

  • September 27, 2016

    OMV signs the sale of 49% minority stake in Gas Connect Austria to the consortium of Allianz and Snam

    OMV, the international integrated oil and gas company based in Vienna, OMV Gas & Power GmbH (OGP) and the Consortium composed of Allianz, and Snam S.p.A., Italy's gas infrastructure operator, signed an agreement for the sale and purchase of a 49% minority stake in Gas Connect Austria GmbH (GCA). Read more
  • June 08, 2016

    EIB and Erste Bank sign financing of wind farm in Austria

    The European Investment Bank (EIB) and Erste Bank will finance the Hof/Seibersdorf wind farm project. Read more
  • March 17, 2016

    EIB supports Osterreichische Bundesforste with EUR 36.7m for wind park construction

    The European Investment Bank has recently announced that it is lending €36.7 million (US$41.5 million) to Österreichische Bundesforste AG to finance the construction of the 42 MW Windpark Pretul farm. Read more
  • October 20, 2014

    EIB finances wind farms in Austria

    The European Investment Bank (EIB) is providing a new €85 million loan for the development of four wind farms in three locations of Lower Austria. Read more
  • October 31, 2014

    ContourGlobal agrees to buy Raiffeisen renewables portfolio

    ContourGlobal and affiliates of Austria’s Raiffeisen Banking Group announced that they have signed agreements for ContourGlobal to purchase approximately 201 MW of renewable energy operating plants in Austria, Slovakia and the Czech Republic for an undisclosed sum. Read more

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