Eneco will purchase all the power generated by the Belgian offshore wind farms Seastar and Mermaid (together indicated as ‘SeaMade’) that will be constructed off the coast at Zeebrugge.
Together with Engie Electrabel (17.5%) and the Otary consortium (70%), Eneco has a 12.5% share in the project. Eneco has concluded a long-term power purchase agreement with the other shareholders regarding the supply of the energy.
SeaMade is the legal entity behind the merger of the offshore wind farms Seastar and Mermaid, located in Vlaanderen zones 6 and 7 of the North Sea, off the coast of Belgium. The 58 Siemens Gamesa turbines that weighs 465 tons each have a rotor diameter of 167 meters. Installed on monopile foundations, it generates energy that powers up to 500,000 households.
The facility's EUR1.3 billion (US$1.5 billion) financing was finalised on December 3, 2018, after the European Investment Bank (EIB) agreed to lend EUR250 million (US$286 million) in debt. Among the lenders supporting the scheme are Danish export credit agency EKF, Santander, BNP Paribas, ING, KfW IPEX and Societe Generale.
Construction will start in 2019, the first power will be supplied in 2020.
Otary, a Belgian offshore wind development platform, has announced that the 487 MW SeaMade offshore wind project has reached financial close.
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