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Tennet, the Dutch transmission system operator (TSO), will receive a €250 million loan from the European Investment Bank (EIB) to build a new transmission line to connect offshore wind farms to the Dutch grid
.
As part of the loan agreement announced on Monday, the funds will be used for a new 380 kV transmission line, including part of a 150 kV transmission line, which will connect the substation in the 1.
4 GW Borssele wind farm area to a new substation in Rilland village, with a total length of 43 km
.
The transmission line, which is also part of the company's Zuidwest 380 kV project, will help enhance connectivity in the European electricity market
.
"Once the wind farm is operational, the new grid connection will avoid congestion in the high-voltage grid and will facilitate the shift
of green offshore power to demand centers," the EIB said.
”
With the latest loan, the bank has provided Tent with a total of 1.
8 billion euros in financing
, the statement said.
Tennet, the Dutch transmission system operator (TSO), will receive a €250 million loan from the European Investment Bank (EIB) to build a new transmission line to connect offshore wind farms to the Dutch grid
.
As part of the loan agreement announced on Monday, the funds will be used for a new 380 kV transmission line, including part of a 150 kV transmission line, which will connect the substation in the 1.
4 GW Borssele wind farm area to a new substation in Rilland village, with a total length of 43 km
.
The transmission line, which is also part of the company's Zuidwest 380 kV project, will help enhance connectivity in the European electricity market
.
"Once the wind farm is operational, the new grid connection will avoid congestion in the high-voltage grid and will facilitate the shift
of green offshore power to demand centers," the EIB said.
”
With the latest loan, the bank has provided Tent with a total of 1.
8 billion euros in financing
, the statement said.
