The European Investment Bank (EIB) is supporting the construction of a new 1.1 gigawatt (GW) wind farm in the North Sea by RWE with a loan of €1.2 billion. The Thor wind farm, located in the Danish part of the North Sea, will consist of 72 wind turbines, each with a capacity of 15 MW provided by Siemens Gamesa.
The EIB loan will co-finance monopile foundations, turbines, inter-array cabling, an offshore converter station, export cables, a section of onshore cables, and an onshore substation. The connection to the Danish national grid will be constructed by the Danish transmission system operator Energinet. The project is situated on the west coast of Jutland, approximately 22 kilometres from Thorsminde in the municipality of Holstebro. Main offshore installation works are scheduled for 2025 and 2026, with the wind farm expected to be fully operational no later than the end of 2027.
