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The European Investment Bank (EIB) has secured a €35 million green loan with Haizea Wind Group, a leading Spanish firm specializing in wind energy components. This funding will support Haizea’s efforts to advance manufacturing technologies, automate processes, and enhance research and development for producing large metal structures for wind turbines, including towers, monopile foundations, and offshore wind park transition pieces.
EIB Director of Operations for Spain and Portugal, Gilles Badot, highlighted that this loan underscores the EIB’s role as the EU Climate Bank, reinforcing Europe’s renewable energy sector and international competitiveness. He emphasized the critical role of robust renewable technology manufacturing in ensuring the EU’s energy security and independence.
Haizea Wind Group Finance Director, Alvaro Quintana, expressed that the green loan will enable significant technological advancements and R&D for offshore wind power supply chains, aligning with the green transition goals.
The loan aligns with the EIB’s broader climate action priorities and supports the REPowerEU plan, which aims to enhance energy security and reduce fossil fuel dependency. In 2023, the EIB allocated over €21 billion for energy security across Europe, including €4.5 billion in Spain for projects in renewable energy and energy efficiency.
The EIB plans to increase funding for REPowerEU projects to €45 billion, further expanding investment in net-zero technologies and critical raw materials. This initiative is expected to mobilize over €150 billion in investments by 2027, supporting Europe’s transition to sustainable energy and boosting its manufacturing sector.
