Published: August 1st, 2024,
Last updated: September 4th, 2024

European manufacturers of wind turbines are now benefiting from better financing conditions from the European Investment Bank (EIB). On Wednesday, the EIB issued a first counter-guarantee to Deutsche Bank in the amount of 500 million euros, as the EIB announced. The counter-guarantee should make it easier for manufacturers to work off their high-order backlogs, which should secure and accelerate the expansion of wind energy.