Denmark, Sept. 10 -- The European Investment Bank (EIB) and Danske Bank have signed an agreement to support European wind energy development. EIB will provide to Danske Bank a guarantee of up to €250 million to expand its portfolio of bank guarantees for support of production and delivery of the equipment needed for new wind farms. The EIB commitment will enable Danske Bank to provide up to €500 million in guarantees to the European wind industry, helping to mobilise substantial private investments.As a key condition for commercial agreements on building large wind projects, manufacturers need to issue bank guarantees towards buyers before they can even start production or deliver turbines and other equipment for wind projects. ...