Stevin welcomes Rentel to the grid (PF International)
PROJECT FINANCE INTERNATIONAL, 20 December 2016
On 3 October 2016, the 309 MW Rentel offshore wind farm reached financial close. The deal represented the first offshore wind farm to close since the Stevin grid project was approved.
On 3 October 2016 Rentel offshore wind farm reached financial close. The deal represented the first Belgian offshore wind farm to reach financial close under the new support mechanism, and the first project that will use a new grid connection for offshore wind farms, bringing renewable electricity to the country via the Stevin onshore connection.
In this article Clément Weber, Director and Jérôme Guillet, Managing Director of Green Giraffe give their view on the first project to be financed since Stevin was approved.