EnBW is building the 288MW wind farm with 80 Siemens SWT 3.6-120 turbines 32km north of the island of Rügen in the Baltic Sea. Baltic 2 is expected to start operations in 2014.

"The commitment of EIB to a project like EnBW Baltic 2 makes a very essential contribution towards the energy transition,” says Thomas Kusterer, chief financial officer at EnBW, referring to Germany’s phase-out of nuclear energy.