London Array wind farm developers approach EIB for loan

clock • 2 min read

Soaring costs of offshore wind installation and lack of credit drives developers to European bank

The developers of London Array, the project to build the world's largest offshore wind farm in the Thames estuary, have approached the European Investment Bank (EIB) for a bailout, according to reports...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Technology

Connect Direct: Energy networks hail half a million connections milestone

Connect Direct: Energy networks hail half a million connections milestone

Energy Networks Association reveals online connection portal has helped 500,000 households install clean tech devices such as EV chargers and heat pumps

James Murray
clock 14 September 2026 • 2 min read
Evri debuts robotic neighbourhood parcel hub

Evri debuts robotic neighbourhood parcel hub

New Bristol hub developed in partnership with Collective Robotics aims to help curb emissions from last mile deliveries

James Murray
clock 14 September 2026 • 3 min read
Global Briefing: Europe's largest carbon capture facility inaugurated

Global Briefing: Europe's largest carbon capture facility inaugurated

Fertiliser giant cuts ribbon on Dutch carbon capture facility, Panama Canal warns of drought impacts, and analysts forecast lower Chinese oil demand

James Murray
clock 11 September 2026 • 7 min read