Export Finance Norway (Eksfin) is offering €525 million in mortgage financing to Ørsted, primarily based on the acquisition of two transformer platforms from Norway’s Aibel for Hornsea 3.
The transaction will increase Eksfin’s whole offshore wind financing to just about EUR 3.5 bn.
Partnering with banks, Eksfin affords state-backed loans and ensures on to builders primarily based on the acquisition of kit and providers from Norway. This transaction will increase Eksfin’s whole offshore wind financing to just about €3.5 billion.
“Our cooperation with main offshore wind builders is important for the Norwegian offshore wind cluster,” says Tone Lunde Bakker, Eksfin managing director. “This newest transaction strengthens the connection between Ørsted and Norwegian exporters and helps create alternatives for future cooperation.”