We finance pioneering energy projects 🌬️
As one of the leading financiers of sustainable infrastructure in Europe, we co-financed the repowering of the Elster wind farm - a pioneering project for the energy transition.
As one of Europe's leading financiers of sustainable infrastructure, we co-financed the repowering of the Elster wind farm. Repowering involves replacing less efficient old turbines with more efficient components - making it a groundbreaking project for the energy transition!
✅ 16 new wind turbines instead of 50 old ones
✅235 gigawatt hours of clean energy per year - enough for 150,000 people
✅ Over 180,000 tons of CO₂ saved annually compared to fossil fuels
"The repowering of the Elster wind farm demonstrates how tailored financing models can drive the further development of renewable energy. As a leading financier in this field, we are delighted to support this pioneering project as a lender and agent, bringing our expertise to the table" says Jens Heil, Head of Sustainable Energy Finance at LBBW.
With initiatives like this, we show how existing infrastructure can be developed efficiently and sustainably - sending a strong signal for the transformation of the energy industry. 💡
