EWZ and Fontavis acquire 25% stake in Trianel Borkum II
Switzerland-based companies EWZ and Fontavis have acquired 25% stake in the 203-MW Trianel Borkum II offshore wind farm in the North Sea.
EWZ and Fontavis have acquired the stake from Trianel. Previously, as we reported in early December, EWE AG committed to the project taking a 37.5% stake, with Trianel GmbH holding a similar interest. Further details on the transaction have not been released.
The first phase of the Trianel Borkum II offshore wind farm comprises 40 pieces of Areva wind turbines. The second phase of the scheme involves the installation of 32 units of 6.3-MW wind turbines provided by Senvion. The project is located 45 km north of the island Borkum in the German North Sea.
The estimated investment for the projects reaches €1 billion (US$1.054 billion).
Construction work is scheduled to start in the spring of 2018 and commissioning is planned for the end of 2019.
Country news
-
-
October 10, 2016
SUSI Renewable Energy Fund II successfully reaches final closing at €380 million
The SUSI Renewable Energy Fund II (SUSI RE II) has reached final closing at €380 million (US$425.5 million). Read more -
July 29, 2016
EIB participates in SUSI Renewable Energy Fund II
The European Investment Bank (EIB) has signed a subscription agreement with Sustainable Sàrl, a subsidiary of SUSI Partners AG, putting into effect the EIB’s investment commitment of up to €62 million (US$68.7 million) in the SUSI Renewable Energy Fund II (SUSI RE II). The Investment is guaranteed under the European Fund for Strategic Investments. Read more -
May 10, 2016
SUSI Renewable Energy Fund II to achieve final closure by the end of Q2 2016
SUSI Renewable Energy Fund II (SUSI RE II), advised by SUSI Partners AG, has plans to achieve final closure by the end of Q2, 2016. Read more -
April 01, 2016
Edmond de Rothschild Asset Management announces second fund
Edmond de Rothschild Asset Management is looking to raise funds fot its second infrastructure debt fund, Benjamin de Rothschild Infrastructure Debt Generation, as part of its ongoing development of the BRIDGE platform. Read more -
February 08, 2016
Susi Partners seeks EIB financing for Susi Renewable Energy Fund II
The European Investment Bank has in its pipelinethe financing amount of €66 million for the SUSI Renewable Energy Fund II, which is a fund investing in renewable energy projects, mainly in Europe, promoted by SUSI Partners. Read more
