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POWER: EIB to Fund 62MW Austrian Wind Project

POWER
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The EIB will provide up to €20.1mn of funding to install wind turbines for a 62MW wind farm in Austria, with the unit anticipated to be fully commissioned in 2027-28, it said.

  • The first phase of the construction – started in May – will see four turbines installed, which will be connected within a year, with the remaining seven built in 2027-28.
  • Austria plans to become climate-neutral by 2040. 
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The EIB will provide up to €20.1mn of funding to install wind turbines for a 62MW wind farm in Austria, with the unit anticipated to be fully commissioned in 2027-28, it said.

  • The first phase of the construction – started in May – will see four turbines installed, which will be connected within a year, with the remaining seven built in 2027-28.
  • Austria plans to become climate-neutral by 2040.