547 MW wind power project in Spain

The Saudi company Alfanar Energy has obtained €385 million from the European Investment Bank (EIB) to build 21 wind farms in Andalusia, Asturias, Castilla-La Mancha, Castile and León, Galicia and Navarre.

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Investment Plan for Europe

EIB financing, together with the €120 million syndicated loan provided by several financial institutions, will enable the construction and operation of 9 wind farms with a total installed capacity of 300 MW.

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