⚓Port Esbjerg Secures €115 Million Loan from the European Investment Bank (EIB).
Port Esbjerg is gearing up for a busy future, including the shipment of 13.5 GW of offshore wind power by 2030.
To support these ambitious plans and its strategic role with NATO, we are expanding and deepening our facilities.
Therefore, we are thrilled to announce that the European Investment Bank (EIB) has approved nearly €115 million in financing, marking the first time in decades that a Danish port has received such support.
- We are one of the world's largest ports for offshore wind turbines, and our workload is increasing. Thus, it is essential to develop the port to meet the demands of the coming years, says Dennis Jul Pedersen, Port Director of Port Esbjerg.
Our ongoing projects include reinforcing quay edges, preparing for next-generation installation vessels, and beginning channel deepening this October. We are also investing in the expansion of RoRo terminals as part of the trans-European transport network (TEN-T).
With these enhancements, Port Esbjerg will meet NATO's requirements by establishing necessary reception facilities for allied ships and forces.
EIB’s €115 million loan will bolster Europe’s position in the renewable energy market. Located on Denmark's west coast, Esbjerg is Europe's largest port for offshore wind turbine shipping. The port expansion of 57 hectares will become a hub for the growing offshore wind industry.
Additionally, our strategic location is vital for NATO operations and the development of the TEN-T network.
- This investment in Port Esbjerg is crucial for enhancing Europe's energy security and sustainability while boosting our collective defense capabilities, says EIB Vice-President Ioannis Tsakiris.
The channel deepening is expected to start in October, with no objections received.
- Our expansion will also contribute to the shift from road transport to more sustainable short-sea shipping and rail transport. This will strengthen Port Esbjerg’s role in the regional logistics network and support broader climate initiatives, says Chairman Søren Gade.
Read more about the EIB-loan: