EIB Weighs $442 Million Loan for Colruyt Wind Farm Off Belgium

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The European Investment Bank may loan as much as 335 million euros ($442 million) to a Belgian offshore wind farm owned by the retailer Colruyt SA and a unit of the renewable energy developer Aspiravi Holding NV.

The Northwind project, formerly known as the Eldepasco wind park, will be 216 megawatts in capacity when built, the European Investment Bank said in a website statement.