French Floating Wind Project Secures EIB Financing

The European Investment Bank (EIB) has approved an undisclosed sum to finance the development of the 30 MW Golfe du Lion floating wind project offshore France.

The demonstration floating wind farm will feature three V164 MHI Vestas 10 MW wind turbines supported by Principle Power’s WindFloat semi-submersible floating foundations.

The turbines will be installed over 16 kilometres off the coast of the Leucate-Le Barcarès area in the Mediterranean Sea in water depths of 65 to 80 metres.

The project is being developed by Eoliennes Flottantes du Golfe du Lion (EFGL), a consortium comprising Engie, EDP Renewables, and Caisse des Dépôts.

The commissioning of the wind farm is scheduled for 2022.