KfW IPEX-Bank contributes to record financing for wind energy expansion in Germany
Germany, Nov. 3 -- KfW IPEX-Bank is contributing around EUR 110 million as one of the leading banks in a banking consortium for the expansion of wind energy in Germany. The total volume of financing for the German platform model NeXtWind amounts to approximately EUR 1.8 billion and is being provided in cooperation with Deutsche Bank, ING, LBBW and other banks. This is one of the largest wind energy financing projects in Germany to date.The funds will be used to equip existing wind farms with more powerful turbines, thereby significantly increasing the total installed capacity in Germany - a process known as repowering. NeXtwind plans to use this approach to quadruple the capacity of more than half of its 37 wind farms in Germany by 2028 and...
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