Arcadis Ost 1 Wind Farm

Arcadis Ost 1 Wind Farm - Project Financing

Industry
Renewables/Offshore wind
Area of finance
Project & Infrastructure Finance
Region
Europe
Countries
Germany

Deal Overview

Parkwind has secured approval from the EIB for a €450 million loan to part fund construction of its 257MW Arcadis Ost 1 wind farm.Located 19 kilometres off the island of Rugen in the German Baltic Sea, Arcadis Ost 1 will comprise 27 MHI Vestas V174-9.5 MW wind turbines and an offshore...

show more

Parkwind has secured approval from the EIB for a €450 million loan to part fund construction of its 257MW Arcadis Ost 1 wind farm.

Located 19 kilometres off the island of Rugen in the German Baltic Sea, Arcadis Ost 1 will comprise 27 MHI Vestas V174-9.5 MW wind turbines and an offshore substation, all installed on monopile foundations. The wind turbines are scheduled to be installed at the site from June 2022 onward using a new floating turbine installation method.

The project is slated for commissioning in 2023 and is Parkwind’s first offshore wind scheme in Germany.

show less
Deal Volume
$751.93m
Financial Close
16 June 2021

All Dealmakers

None yet provided
Tag yourself

Tranches


To view all tranche and pricing information, please sign up or log in

Projects

Arcadis Ost 1 Wind Farm Project

Greenfield
Offshore wind
Europe
Germany
$751.93m