The European Commission has given approval for one quarter offshore wind farm operators to merge, enabling them to generate economies of scale and reduce costs. Under teh deal Seastar and The European Commission will become a single entity called Seamade , which will develop two Socofe offshore wind projects with a combined capacity of 478 MW, equivalent to one quarter of all of Belgium 's currently allocated offshore wind capacity. The European Commission also approved a plan for Eneco Wind Belgium to become a shareholder in Seamade. Seamade said it hopes the project will be fully financed by 2019 , with construction beginning in the end of the year and the facility operational by the end of 2020 .
The European Commission has given approval for one quarter offshore wind farm operators to merge, enabling them to generate economies of scale and reduce costs. Under teh deal Seastar and The European Commission will become a single entity called Seamade , which will develop two Socofe offshore wind projects with a combined capacity of 478 MW, equivalent to one quarter of all of Belgium 's currently allocated offshore wind capacity. Seamade said it hopes the project will be fully financed by 2019 , with construction beginning in the end of the year and the facility operational by the end of 2020 .