Dexia as Mandated Lead Arrangers, and Rabobank as Mezzanine Lender,
have closed on 23 May 2007 the financing for the construction and
operation by C-Power of the first phase of the Far Shore Thornton Bank
offshore wind farm, comprising 6 REpower 5M wind turbine generators,
located 28 km off the Belgian coast near Zeebrugge.
This is the first offshore wind farm to be built in Belgium and is
treated as a demonstration project by the Belgian authorities; its
successful completion will likely trigger further development of the
sector in the country. This phase will allow a yearly 120 GWh production
and avoid the ejection of 45 000 tons of carbon.
the press release (PDF 82 Kb)