Austrian Wind Farms May Win European Investment Bank Financing

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The European Investment Bank is considering an 85 million-euro ($109 million) loan to build and operate three wind farms in Austria.

The onshore plants developed by WindLandKraft GmbH have a combined capacity of 105 megawatts, the Luxembourg-based bank said in a statement on its website. They’re in Leopoldsdorf, Untersiebenbrunn and Engelhartstetten and have a total project cost of 171 million euros.