The financing is vital for TenneT to catch up with delaysthe TSO incurred with key offshore grid connections that have slowed downGermany’s ambitious plans to build-up a sizeable offshore wind capacity.

The green light by the EIB’s board only means that it hasgiven its approval for the financing, an EIB press official said, but stressedthat an agreement with TenneT still needs to be signed.

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