EIB Receives Offshore Wind Funding Request from France

EIB Receives Offshore Wind Funding Request from France

EDF Energies Nouvelles and Enbridge have applied for funding with the European Investment Bank (EIB) for the Saint-Nazaire and Fécamp offshore wind projects in France.

EIB

EIB has not disclosed the total cost and the approximate amount of the proposed finance that the companies applied for.

Saint-Nazaire is being developed by Eolien Maritime France (EMF), a joint venture of EDF EN and Enbridge, which is also developing the Fécamp and Courseulles-sur-Mer projects in cooperation with wpd offshore.

The three projects, part of France’s Round 1 offshore wind tender in 2012, will have a combined capacity of 2GW together with Saint Brieuc, developed by an Iberdrola-led consortium.

Fécamp will comprise 83 GE Haliade 6MW turbines producing a total of 498MW of capacity, while the 480MW Saint-Nazaire wind farm will feature 80 GE Haliade 6MW units.

The two offshore wind farms are expected to be completed in 2022.