Eneco Luchterduinen 129MW Offshore Wind Farm

21/9/2015
Project development, Project finance

€ 440 million

$ 484 million

Completed

21/9/2015


Overview:

  • Eneco Luchterduinen 129MW Offshore Wind Farm.
  • The wind farm encompasses 43 wind turbines and is located 23km off the coast of Zandvoort and Noordwijk. Luchterduinen has a capacity of 129MW and can supply 150,000 households.
  • It came online in September 2015.
  • Eneco Holding and Mitsubishi Corporation raised approximately €440 million to finance the project.
  • Sumitomo Mitsui Banking Corporation, BNP Paribas, Mitzuho Bank and Sumitomo Mitsui Trust Bank acted as lenders.
  • The Japan Bank for International Cooperation (JBIC) agreed a seperate loan of €244 million for the project.

Wai Yee Tsang - Journalist

Jurisdiction:

Netherlands

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Industry sector:

Energy


Firm:

Party: Mitsubishi (Sponsor)

Party: Eneco (Sponsor)