EIB Nods to Two French Offshore Wind Farms

Business & Finance

The European Investment Bank (EIB) has approved the financing for the Saint-Nazaire and Fécamp offshore wind projects in France.

EIB

EIB did not disclose the amount of the approved financing.

The two projects are being developed by Eolien Maritime France (EMF), a joint venture of EDF EN and Enbridge.

The 498MW Fécamp offshore wind farm will comprise 83 GE Haliade 6MW turbines. The 480MW Saint-Nazaire wind farm will feature 80 GE Haliade 6MW units.

The two wind farms were selected in France’s Round 1 offshore wind tender in 2012.

They are expected to come online in 2022.