The European Investment Bank (EIB) has approved the financing for the Saint-Nazaire and Fécamp offshore wind projects in France. EIB did not disclose the amount of the approved financing. The two projects are being developed by Eolien Maritime France (EMF), a joint venture of EDF EN and Enbridge. The 498MW Fécamp offshore wind farm will comprise 83 GE Haliade 6MW turbines. The 480MW Saint-Nazaire wind farm will feature 80 GE Haliade 6MW units. The two wind farms were selected in France’s Round 1 offshore wind tender in 2012. They are expected to come online in 2022.
The European Investment Bank (EIB) has given the go-ahead to financing for the 480 MW Saint-Nazaire offshore wind farm and the 498 MW Fécamp offshore wind farm in France. In a statement on Wednesday, EIB’s Executive Director Helga Schmid said: “The EIB is pleased that the French government has approved its loan guarantee of €500 million for the construction phase of these two