Financial close for Arcadis Ost 1
Energy Disrupter
Wind energy – Acadis Ost 1
Parkwind announced that the 257MW Arcadis Ost 1 offshore wind farm reached financial close.
The project raised about EUR 570m of debt from a group of nine lenders: KBC Bank, Belfius Bank, Helaba, KfW IPEX-Bank, Coöperatieve Rabobank, Société Générale, ING Bank, EKF Danmarks Eksportkredit and the European Investment Bank.
Leveraging on 10 years of offshore wind experience in Belgium, Parkwind now launches the construction of its first German project, setting new standards with innovative installation methods.
The wind farm will be located in the German territorial waters of the Baltic Sea, northeast of the island of Rügen.
Vestas will supply the 27 V174 – 9,5MW wind turbine generators; Heerema will be performing the turbine installation with the recently developed floating installation method; Bladt Industries will deliver the offshore substation; DEME Offshore with its state-of-the-art installation vessel Orion will install the XXL monopiles fabricated by Steelwind; JDR will be delivering the inter-array cables and Global Marine performing the installation of these cables.
Original Source: https://ocean-energyresources.com/2021/06/25/financial-close-for-arcadis-ost-1/
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