Funding for Wind Farm Westermeerwind finalised

27-07-2014

A consortium of banks headed by ING and Rabobank as structuring banks will be funding Wind Farm Westermeerwind in Noordoostpolder. In addition to ING and Rabobank , ASN Bank and Triodos Bank are also providing funds, part of which is guaranteed by EKF, Denmark’s export credit agency. The total funding involves a sum of approximately EUR 320m. Managing Director Anne de Groot of Westermeerwind: “We are happy to reach this milestone together with the Dutch banks, Danish EKF, Siemens and Eneco. Thanks to the persistence and dedication of the initiators of this windfarm, now, after 18 years after plans were devised, Holland’s largest near-shore windfarm can be build’.

Siemens
Siemens will develop the largest near-shore wind farm in the Netherlands based on a turnkey agreement and will operate the wind farm for a minimum term of fifteen years. Several Dutch companies will contribute to the project as subcontractors, including Ballast Nedam and Mammoet for foundations and installation of the windmills, and VSMC (Visser & Smit Marine Contracting) for the cabling to the electrical substation. The Dutch utility Eneco will purchase electricity from the wind farm for fifteen years, and supply is due to start towards the end of 2015. Ventolines, who since 2007 managed the development stage, will also be responsible for project management during the construction and asset management stage on behalf of the initiators of the project.

48 Wind turbines of 3 MW each
Wind farm Westermeerwind will be constructed in the IJsselmeer waters along the Noordoostpolder dikes. The farm is to comprise 48 wind turbines of 3 MW each – forming two rows along Westermeerdijk and one row along Noordermeerdijk – plus an electricalsubstation on land. Total investment will be over EUR 400m. The wind farm will produce well over 500 GWh of sustainable electricity, enough to supply 160,000 households. Wind Farm Westermeerwind is the near-shore part of Wind Farm Noordoostpolder. Wind Farm Noordoostpolder consists of three separate wind farms totalling 86 wind turbines on water and on land, i.e. Windpark Westermeerwind [ 144 MW ], NOP Agrowind [ 195 MW ] and RWE Essent [30 MW].

Pondera Consult
Pondera Consult was responsible, as planning consultant, for the SIA/EIA and all permits for the wind farm. Pondera Consult assisted also in the process of financing and is involved in permit management during and after construction.

Overall-Westermeerwind

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