John Laing Group invests in its second wind farm project in France
John Laing Group has announced financial close of an investment of £11.7 million (US$15.4 million) to acquire 100% of the Sommette-Eaucourt wind farm in Picardie, northern France from WKN AG, the developer of the site and EPC contractor.
In addition to John Laing’s equity investment, the construction of the Sommette-Eaucourt wind farm will be project financed with debt from ING Bank. Construction is expected to be completed in January 2018.
Total installed capacity for the Sommette wind farm will be 21.6 MW from 9 Nordex N117/2400 turbines, each with capacity of 2.4 MW. The project benefits from a 15-year feed in tariff.
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September 14, 2016
Eolfi’s floating wind project gets EUR 85m in funding
Eolfi's floating offshore wind project will receive funding for a value of €85 million (US$93.5 million) with the support of the "Investments for the Future" programme (PIA).
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September 13, 2016
Voltalia wins its first hydropower project in Metropolitan France
Voltalia, a international renewable energy player, has announced it has been selected by the municipalities of Chamonix-Mont Blanc and les Houches in France for the construction and operation of a 4.5 MW run of the river hydropower plant, on the Taconnaz torrent. Read more -
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CNP Assurances and Meridiam close Meridiam transition fund
CNP Assurances, a French insurance corporation and Meridiam, a global investor and asset manager based in Paris, have announced the closing of the Meridiam Transition fund, focused in the energy transition. Read more -
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Groupe Eurotunnel takes control of 51% holding in ElecLink
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August 31, 2016
France plans six 500 MW tenders
The French energy ministry has announced a plan to launch a total of six tenders of solar photovoltaic (PV) power of 500 MW each. Read more
