The European Investment Bank (EIB) has signed a €250 million ($269 million) loan agreement with TenneT Holding B.V. to finance the western section of TenneT's Zuidwest 380 kV project, which will enable the transmission of offshore wind energy to users in the Netherlands and beyond.

Specifically, the EIB financing will support the construction of a new 380 kV transmission line - combined with a 150 kV line for part of the route - from the substation at Borssele to a new substation at Rilland.


One of the main reasons for the upgrade is the ongoing growth of offshore wind power generation capacity off the Dutch southwest coast, as part of the 1.4 GW Borssele Wind Farm Zone.

The new grid connection will allow for the avoidance of congestion on the high voltage grid once the wind farms are in operation and will facilitate transfer of green, offshore electricity to demand centers.

Source: TenneT