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| Mott MacDonald is lenders engineer on offshore wind farm Mott MacDonald marked the financial close on the largest offshore wind farm to be financed on a non recourse basis this month. The global management, engineering and development consultancy was appointed as lenders engineer by lenders ASN Bank, Dexia Bank Belgium, Dexia Credit Local, Rabobank, PMV, EKF and the European Investment Bank (EIB) for the €545 million credit facilities they arranged for the project. The project known as Bligh Bank Offshore Wind Farm will see the construction and operation by Belwind of the first phase of a 165 mega watt wind farm comprising 55 three mega watt wind turbine generators, to be located 47 kilometres off the Belgian coast near Zeebrugge. The wind farm sponsored by Belwind (a consortium of Belgian and Dutch investors) has a total investment cost of €610 million. write your comments about the article :: © 2009 Construction News :: home page |