Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
On 9 August 2021, the European Investment Bank (EIB) signed an additional loan tranche of €130 million for the NordLink HVDC Project. The EIB project page lists this as one of several signed tranches under a total EIB financing amount of €880 million for NordLink, an interconnector linking Germany and Norway. This 2021 signature follows earlier tranches signed in 2017 and 2018 and represents further EIB financial support to the project. The financing is structured as an EIB loan with tailored tranching to match the project’s schedule and characteristics.