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.
Energy Finance & Investment News in Austria
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).
The European Investment Bank (EIB) and Erste Bank will finance the Hof/Seibersdorf wind farm project.
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.
Allianz Capital Partners (ACP) has further expanded its renewable energy investments both in volume and geographically. By acquiring four wind parks ACP has entered the Austrian wind market and exceeded €2.5 billion (US$2.75 billion) in renewable energy investments.
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.
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.