Search En menu en ClientConnect
Top 5 search results See all results Advanced search
Top searches
Most visited pages


    € 450,000,000
    Germany : € 450,000,000
    Energy : € 450,000,000
    Signature date(s)
    7/02/2013 : € 150,000,000
    7/02/2013 : € 300,000,000
    Link to source

    Summary sheet

    Release date
    12 September 2011
    Signed | 07/02/2013
    Project name
    Promoter - financial intermediary
    Butendiek Offshore Wind Farm

    wpd offshore GmbH

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 450 million
    EUR 1 290 million (estimated)

    The envisaged operation consists of the installation and operation of a 288 MW offshore windfarm, using eighty 3.6 MW turbines on monopole foundations. The wind farm concession will occupy an area of approximately 33km², with a water depth between 17 and 23 meters. Butendiek is located in the German part of the North Sea, close to the border with Denmark, at 34km for the Island of Sylt and 53km from shore.

    The project aims at assisting Germany to meet EU and national targets for energy generated from renewable energy sources.

    Environmental aspects

    Due to its technical characteristics the project falls under Annex II of EIA-Directive 85/337/EEC (amended by 97/11/EC and 2003/35/EC). For offshore wind farms with more than 20 units, national regulations require a full EIA including public consultation.

    The promoter - a privately owned company not benefiting from special or exclusive rights - is not subject to the EU Utilities Directive The Bank will however ensure that the procurement procedures comply with the Bank’s principles and its statute, i.e. works, goods and services will be appropriately selected and are offered at competitive prices.

    Link to source


    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    News & Stories


    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

    Related publications