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Elia Lands €1 Billion EIB Loan for Belgian Offshore Energy Island

Summary by BizToc
Elia Transmission Belgium has secured a €1 billion ($1.17 billion) green credit facility from the European Investment Bank for the second phase of the Princess Elisabeth Energy Island, a major offshore grid project designed to connect new Belgian wind capacity and strengthen cross-border…

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High-voltage grid operator Elia is receiving a new credit line of 1 billion euros from the European Investment Bank (EIB). The grid operator and the financial institution announced this. The loan is intended to help finance the construction of Princess Elisabeth Island.

·Brussels, Belgium
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This amount was granted for the construction of the energy island Princess Elisabeth. ...

·Brussels, Belgium
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Belgium is building in the North Sea one of the most ambitious energy infrastructures in Europe: an artificial island that will collect energy produced by offshore wind farms and send it to the continent, according to Euractiv. The European Investment Bank has announced a new EUR 1 billion credit facility for the second phase of [...] Source

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De Tijd broke the news in Belgium on Monday, September 7, 2026.
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