rsted signs 175 million euro loan agreement with Nordic Investment Bank


Ørsted A / S (ORHE) Ørsted signs 175 million euro loan agreement with Nordic Investment Bank 12-Nov-2021 / 11:00 CET / CEST Broadcast of a regulatory announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this advertisement.

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12.11.2021 11:00:00 CET | Ørsted A / S | Investor News

Today Ørsted signed an 8-year € 175 million loan agreement with Nordic Investment Bank (NIB) to co-finance its investment in the Borssele 1 & 2 offshore wind farm in the Netherlands.

With the loan agreement concluded with the European Investment Bank on September 6, 2021, the planned long-term financing of Ørsted’s investment in the Borssele 1 & 2 project has now been completed.

The 752 MW Borssele 1 & 2 offshore wind farm supplied the first electricity to the Dutch grid in April 2020 and was fully commissioned in December 2020. In May 2021, Ørsted finalized a sale of 50% of the Borssele 1 & project. 2 at Norges Bank Investment Management.

“Ørsted has a long standing relationship with NIB, and we are delighted with this opportunity to further strengthen our cooperation and the strong support provided by NIB for our investment in the Borssele 1 & 2 offshore wind farm, where we are again joining our forces to support the green agenda ”, says Marianne Wiinholt, CFO at Ørsted.

For more information, please contact:

Press relations Tom Christiansen + 45 99 55 60 17 [email protected]

Investor Relations Allan Bødskov Andersen + 45 99 55 79 96 [email protected] About Ørsted A / S

Ørsted’s vision is a world that runs entirely on green energy. Ørsted develops, builds and operates offshore and onshore wind farms, solar farms, energy storage facilities and bioenergy plants, and supplies energy products to its customers. Ørsted ranks as the world’s most sustainable energy company in the 2021 Corporate Knights Index of the World’s 100 Most Sustainable Companies and is recognized on the CDP’s A List on Climate Change as a global leader in climate action. Based in Denmark, Ørsted employs 6,672 people. Ørsted shares are listed on Nasdaq Copenhagen (Orsted). In 2020, the group’s turnover amounted to 52.6 billion Danish kroner (7.1 billion euros). Visit or follow us on Facebook, LinkedIn, Instagram and Twitter. Attachments. NIB Borssle.pdf News Source: Ritzau

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ISIN:           DK0060094928 
Category Code:  MSCM 
TIDM:           ORHE 
Sequence No.:   126644 
EQS News ID:    1248599 
End of Announcement  EQS News Service 

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November 12, 2021 05:00 ET (10:00 GMT)

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