Green Loan – In a bid to support the wind energy sector, the European Investment Bank (EIB) and Haizea Wind Group have formally agreed on a €35 million green loan to advance manufacturing technologies and digital processes in the renewable energy sector. energy field. The partnership comes at a time when Europe is looking to strengthen its presence in the sustainable energy market.
Green loan
This funding will enable Haizea, a company renowned for manufacturing components for wind systems, to improve its capabilities in the production of vital structures such as wind towers, monopile foundations and transition pieces for offshore wind projects. This collaboration not only aligns with Haizea’s objectives, but also plays a role in improving the European supply chain for renewable energy parts ensuring competitiveness within the offshore wind sector.
Gilles Badot, EIB Director of Operations for Spain and Portugal, highlighted the importance of this initiative. He said: “The loans we are finalising today with Haizea demonstrate the EIB’s commitment to innovation and progress in energy technologies. This helps us advance in our energy transition journey. Improves the competitiveness of businesses. This commitment is in line with the EIB’s objectives to strengthen energy security in the European Union, particularly in light of the REPowerEU strategy to reduce reliance on fossil fuel imports.
Sustainability and environmental responsibility
In addition to supporting Haizea’s progress, the green loan is part of the EIB’s financial efforts to promote sustainability and environmental responsibility. In 2023, the EIB Group has allocated more than €21 billion to strengthen energy security in Europe, with €4.5 billion specifically earmarked for projects in Spain. These investments play a role in accelerating the transition to renewable energy sources and strengthening economic stability in the region.
Alvaro Quintana, CFO at Haizea Wind Group, expressed his goal of supporting customers in the transition to a green economy. He highlighted the EIB’s confidence in Haizea, which allows it to innovate and supply components for wind energy as part of the green transition.
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