EnBW Secures €500m Loan Backed by EIFO to Finance SuedLink Project
EnBW has secured a €500 million ($571 million) long-term loan backed by the Export and Investment Fund of Denmark (EIFO), marking the first use of export credit agency financing for German electricity grid investment. The 18-year loan, arranged through an international consortium including Crédit Agricole CIB, ING, and HSBC, will fund EnBW's share in the SuedLink high-voltage direct current transmission project.
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Topics: energy financing infrastructure