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.
Country updates
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June 06, 2022
DEME completes all foundations for 480 MW Saint-Nazaire offshore wind power plant in France
DEME Offshore and Eiffage Métal have completed the installation of 80 foundations for the 480 MW Saint-Nazaire offshore wind power project located off the coast of the Guerande Peninsula in Fra...
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May 30, 2022
TotalEnergies enters deal to acquire 50% stake in Clearway Energy Group (CEG)
TotalEnergies has signed an agreement with Global Infrastructure Partners (GIP) to acquire 50% of Clearway Energy Group (CEG). CEG is a developer of renewables projects, which controls and...
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May 25, 2022
LBP AM achieves EUR270mn first close of Impact Infrastructure Debt Fund
La Banque Postale Asset Management (LBP AM) has completed the first closing of EUR270 million (US$280.24 million) of its LBPAM Infrastructure Debt Climate Impact Fund. The fund aims to invest in...
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May 25, 2022
Axpo hands over 65.5 MW French wind farm portfolio to Greencoat
Axpo has agreed on the sale of four wind farms with a total installed capacity of 65.5 MW in France to Greencoat Renewables plc. The projects are located in the Centre-Val de Loire and Bourgogne-Franc...
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May 20, 2022
Wpd divests its offshore wind business to Global Infrastructure Partners
Global Infrastructure Partners (GIP) and wpd AG announced that they have signed definitive agreements for GIP to acquire 100% of wpd offshore GmbH. The transaction is subject to customary regulatory a...
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