Bornholm Energy Island, Ostwind 4 and SuedOstlink+, Germany

The Swedish Export Credit Agency (EKN) is considering a guarantee for financing of equipment for connecting the Bornholm Energy Island (BEI) and Ostwind 4 wind projects to the national electricity grid in Germany, as well as the installation of the SuedOstlink+ underground electricity transmission cable. The projects are part of Germany’s energy transition.

The BEI project is a planned wind farm on Bornholm whilst Ostwind 4 is a planned offshore wind farm in the Baltic Sea. Both wind farms are to be connected to the German electricity grid. The SuedOstlink+ project entails the installation of underground cable to enable electricity transmission from planned offshore wind farms in the North Sea to more southern parts of the country.

EKN has made a preliminary classification of the projects as category A and conducts an environmental and social (E&S) due diligence of the project. The project’s preliminary key environmental and social risks relate to impacts on biodiversity. More information about the projects is available on the following websites:

The information was published on EKN’s website www.ekn.se on February 7th, 2024. Comments on the project can be shared with EKN at info@ekn.se for at least 30 days. This procedure is in accordance with the OECD Recommendation on Common Approaches for Export Credit Agencies (ECAs).