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Ørsted has presented a funding plan for the offshore wind complex. The company will fund the construction with capital from the Ørsted Group and debt provided by local banks and financial institutions, which will be backed by an Ørsted A/S parent company guarantee. Construction activities at the first of the four sites will start as early as 2019. The offshore capacity will be installed between 2021 and 2025
List of the country updates
Country updates
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March 09, 2018
Siemens Gamesa has been selected to supply turbines for the SeaStar and Mermaid projects
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March 09, 2018
The project is reportedly being put up for sale
The project is reportedly being put up for sale. The transaction could fetch more than EUR 1 billion
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March 09, 2018
It has been reported that a unit of UniCredit is putting the project up for sale, with JP Morgan Chase & Co providing advice
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March 08, 2018
The first GE Haliade 150-6MW turbine has been installed at the offshore wind farm
The first GE Haliade 150-6MW turbine has been installed at the offshore wind farm. The 66 turbines are expected to be installed by September. Commissioning activities will continue until the end of 20...
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February 28, 2018
Seagreen Wind Energy Ltd has announced its plans for the project
Seagreen Wind Energy Ltd has announced its plans for the project. Construction of the two wind parks could begin in 2022
