Norwegian investment for Hornsea 3 windfarm

Norway's Aibel transformer platform

Source: Eksfin

Export Finance Norway (Eksfin) is providing loan financing of €525 million to Ørsted of Denmark, for work on one of the largest offshore windfarm projects in the UK.

The financing is based on the purchase of two transformer platforms from Norway’s Aibel for the Hornsea 3 offshore windfarm project in the UK. The transaction increases Eksfin’s total offshore wind financing to nearly €3.5 bn.

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