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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 on February 7th, 2024. Comments on the project can be shared with EKN at for at least 30 days. This procedure is in accordance with the OECD Recommendation on Common Approaches for Export Credit Agencies (ECAs).

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