Published by Global Banking & Finance Review®
Posted on September 4, 2025
1 min readLast updated: January 22, 2026
The EU grants €645 million for the Bornholm offshore energy hub, linking a 3 GW wind farm to Denmark and Germany, enhancing renewable energy integration.
BERLIN (Reuters) -The European Commission is providing a 645 million euro ($755.10 million) grant for a renewable energy cluster near Bornholm in the Baltic Sea, Germany's economy ministry said Thursday, a major step towards the creation of a cross-border offshore hub.
Danish transmission system operator Energinet and its German counterpart 50Hertz signed the funding contracts in Berlin, granted under the EU's Connecting Europe Facility (CEF).
The Bornholm Energy Island will link a 3 gigawatt (GW)offshore wind farm in the Baltic Sea to both the Danish and German power grids, providing up to 2 GW of electricity to Germany and 1.2 GW to Denmark starting in the 2030s.
($1 = 0.8542 euros)
(Reporting by Riham Alkousaa, Editing by Friederike Heine)
The European Commission is providing a grant of 645 million euros, approximately $755.10 million, for the renewable energy cluster near Bornholm.
Danish transmission system operator Energinet and German counterpart 50Hertz signed the funding contracts in Berlin.
The Bornholm Energy Island will link a 3 gigawatt (GW) offshore wind farm in the Baltic Sea to the power grids of Denmark and Germany.
The project is expected to provide up to 2 GW of electricity to Germany and 1.2 GW to Denmark.
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