News
05 March 2025

Nofar closes financing of Stendal BESS

In:
Power
Region:
Europe

Nofar Energy has closed an €87 million ($94 million) financing provided by NordLB for the 209MWh Stendal BESS being constructed in Saxony-Anhalt, Germany.The project is among the first projects in Europe to use a tolling agreement that will protect against market volatility and secure a stable...

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