322 MW wind project in Zeewolde gets refinancing

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

The Nederlandse Waterschapsbank (NWB Bank) and the Danish export credit insurer EKF have joined the Rabobank as co-financiers of the 322 MW wind farm in the Netherlands.

The financing of Windpark Zeewolde was reached at the end of June by means of a loan of approximately EUR500 million (US$560.9 million) from Rabobank.

Construction of the wind turbines is expected to start in the first quarter of 2021. The entire wind farm will be completed in 2022 and it will be the largest onshore wind farm in the Netherlands and the largest community wind farm in Europe. The wind farm will generate electricity for more than 250,000 local households.

Windpark Zeewolde BV was advised by Norton Rose (legal advisor), Incredible and GreenGiraffe (Financial Advisors). The lenders were advised among others by Clifford Chance (legal) and MottMcDonald (technical).

List of the country updates

Country updates

  • August 03, 2020

    759 MW offshore wind farm awarded in the Netherlands

    The CrossWind consortium, a joint venture between Shell in the Netherlands and Eneco, has been awarded the tender for the subsidy-free offshore wind farm Hollandse Kust (noord). The wind farm will hel...

    Read more
  • July 07, 2020

    27.4 MWp Bomhofsplas floating solar array in Zwolle starts operation and gets new owners

    A consortium consisting of Energiefonds Overijssel, Blauwvinger Energie, and a private investor - supported by financing from ASN Groenprojectenfonds - has acquired the shares in the 27.4 MW Bomhofspl...

    Read more
  • July 03, 2020

    Eurus Energy starts the commercial operation of the 21 MW Deil wind project in Gelderland

    Eurus Energy has started the commercial operation of the 21 MW Deil wind project located in the municipality of West Betuwe in Gelderland province, Netherlands. The project features 5 units...

    Read more
  • June 29, 2020

    Vestas, Rabobank and Windpark Zeewolde partner up to repower 322 MW wind project in Zeewolde

    Windpark Zeewolde B.V., Vestas and Rabobank have closed contracts for wind turbines and financing for the Windpark Zeewolde project in the Netherlands. Windpark Zeewolde B.V., a unique collaboration...

    Read more
  • June 29, 2020

    Solarcentury secures Rabobank financing for 34 MWp Dutch solar projects

    Solarcentury and Rabobank has completed the financing of the Apeldoorn Ijsseldijk and Apeldoorn Beemte-Broekland in the Netherlands, which have a combined capacity of 33.8 MW. Solarcentury has secured...

    Read more

Share this update