Ocean Winds secures financing for 30 MW pilot floating wind project in Leucate

Ocean Winds, a joint venture company between EDP Renewables, Engie SA and Banque des Territoires, has secured a financing scheme to support its plan to build a 30 MW pilot floating wind farm project in the Gulf of Lion, France.

A group of banks led by Germany's KfW IPEX-Bank and a consortium of financial institutions that includes Credit Agricole CIB, Banco Santander, S.A, Mizuho Bank Ltd as well as the European Investment Bank (EIB) and Danish export credit agency EKF, will finance the construction of the Eoliennes flottantes du golfe du Lion (EFGL) project. 

The wind farm will feature three Vestas V164-10MW wind turbines that will be installed on semi-submersible platforms about 16 km off the coast near the Leucate commune.