Final Investment Decision for Norther

The European Investment Bank (EIB) will support the construction of the project with a loan of €438m (£365m). Half of this amount will be guaranteed under the European Fund for Strategic Investments.

The Norther project will feature 44 MHI Vestas V164-8.0 turbines and will have a maximum capacity of 369.6MW. Investment totals 150 billion JPY (GBP 1.03bn or EUR1.23bn) and the turbines will be installed in the North Sea at a 20m water depth. It will be the country’s largest offshore wind farm, generating enough energy to supply nearly 400,000 households.

Construction is slated to get underway in January 2017, with operations set to start around the summer of 2019.

Van Oord has signed a contract for the Balance of Plant works at the site. The scope includes the engineering, procurement, supply and installation of the 44 wind turbine foundations, the Offshore High Voltage Station and the inter-array and export cables, and the installation of the turbines. For the transport and installation of the foundations and turbines Van Oord intends to deploy its offshore installation vessel Aeolus and cable-laying vessel Nexus.  

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