Nofar closes financing of Stendal BESS

In:

Power

Region:

Europe

NORD/LB has closed an €87 million ($94 million) financing package for the 209MWh Stendal BESS being constructed by Nofar Energy in Saxony-Anhalt, Germany.The project features a first-of-its-kind Tolling Agreement that will protect against market volatility and secure a stable and predictable...

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