The development consortium behind the €1.1bn ($1.23bn) Rentel offshore wind farm off Belgium has reached a financial close for the construction of the project. The project was awarded to French energy company EDF on Thursday and is expected to be completed in 2018. each own a 12.5% stake in the project. The 309 MW offshore wind farm is the fifth of its kind in the North Sea of Belgium, and it will generate enough electricity to power 285,000 homes once it begins operations in mid-2018. 13% of Belgium’s energy must be renewable by 2020.
The development consortium behind the €1.1bn ($1.23bn) Rentel offshore wind farm off Belgium has reached a financial close for the construction of the project. Electrawinds Offshore, SRIW Environment, Z-Kratch, PowerAtSea, Rent-A-Port Energy, Aspiravi Offshore, DEME and Socofe each own a 12.5% stake in the project. The 309 MW offshore wind farm is the fifth of its kind in the North Sea of Belgium, and it will generate enough electricity to power 285,000 homes once it begins operations in mid-2018. 13% of Belgium’s energy must be renewable by 2020.