The 48.3MW wind farm included the construction of 21 turbines with a unit capacity of 2.3MW and construction of an offshore transformer station, which connects EnBW Baltic 1 to the shore via a sub-sea high voltage transmission cable.
The wind power project will have a net annual output of approximately 185GWh that will feed into the public grid, the company said.
The power project was completed in 2010 and is currently being brought into operation.
EIB vice president Matthias Kollatz-Ahnen said that EIB is taking the climate action agenda forward with determination.
Alongside the financing commitment signed by the EIB, the involvement of other financing institutions in the EnBW Baltic 1 project is envisaged, and the EIB is also planning to finance other offshore wind farms, the company said.
