Press Release
Herausgeber: wpd GmbH
wpd Secures Finance for Nordergründe Offshore Wind Farm
Bremen - wpd AG and its financing banks yesterday signed financing contracts in Frankfurt for the Nordergründe offshore project. According to these contracts, the loans will be provided by KfW IPEX-Bank and the European Investment Bank (EIB) while 100% of the equity will come from wpd offshore GmbH. This means that the finance for the entire investment of around EUR 410 m for the 111 MW project off the coast of Lower Saxony is secure.
Implementation of the project is already in full swing and will now enter a new phase with the start of production for the major components. Following Baltic 1 and Butendiek, Nordergründe will be the third offshore project to be built by wpd and at the same time the very first German offshore project where all the major elements of the job will be supplied and installed exclusively by manufacturers based in Germany and manufacturing in the North West of the country. As well as Senvion (turbines), the companies involved are Ambau (foundations), BVT (transformer substation), NSW (internal cabling) and Bilfinger (installation).
The offshore construction work will begin in March 2016 and will be completed at the end of 2016 with connection to the grid and feed-in. The project comprising 18 turbines of type Senvion 6.2M126 will be constructed in depths of up to 10 metres within the 12 nautical mile zone in the German North Sea, and it will be situated approx. 15 kilometres north east of the island of Wangerooge.
About wpd
wpd develops and operates onshore and offshore wind farms, and is actively engaged in 17 countries around the world; the head office is in Bremen. The company has already realised wind power projects with around 1,700 turbines and an output of 3,000 megawatts, and is planning further onshore projects with a total of 6,700 megawatts. With an order pipeline of 6,400 megawatts, wpd AG is one of Europe\'s leading developers of offshore wind farms.
www.wpd.de
Bremen, June 3, 2015
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Media contacts:
Christian Schnibbe
Head of Communication
Tel: +49 (421) 16866-10
e-mail: c.schnibbe@wpd.de
Tobias Engelken
Press Officer
Tel: +49 (421) 16866-10
e-mail: t.engelken@wpd.de
wpd AG
Stephanitorsbollwerk 3 (Haus LUV)
28217 Bremen
Internet: http://www.wpd.de
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Daten werden aktualisiert...Daten werden aktualisiert...About wpd GmbH
wpd was founded in Bremen in 1996 and has developed into one of the leading developers and operators (IRPP) of onshore wind and solar parks in Europe. wpd GmbH has over 1,300 employees worldwide. In addition to wpd GmbH (project developer and operator), the wpd group also includes wpd windmanager (commercial management and technical operation of wind and solar parks).
wpd is active in 33 countries worldwide and has implemented projects with 2,810 wind turbines and a total output of 6,970 MW, as well as solar energy projects with an output of 70 MW. The company's own portfolio includes projects with a total capacity of 3,512 MW.
In addition to developing its own projects, the company also takes on project partnerships, commercial development, contract design, project financing and the completion and operation of wind and solar energy plants. Thanks to its many years of expertise, the company is a recognized reliable partner for power purchase agreements (PPAs).
In addition to its home market in Germany, wpd is also active in the major wind and solar markets in Europe, in North and South America, as well as in various countries in the rapidly growing Asian market. The company has built up a global project pipeline of 31,585 MW of onshore wind and 7,360 MWp of solar PV and is making a significant contribution to the global energy transition.
Business areas
Wind energy
Our references: wpd GmbH References
Products & Services
wpd covers the entire value chain in the field of wind and solar energy. The group includes:
- wpd GmbH (developer and operator of onshore wind and solar parks)
- wpd windmanager GmbH & Co. KG (commercial management and technical operation of wind and solar parks)
