Rentel Power Up For Sale

Belgium’s Rentel Offshore Energy has issued a call for competition to select an off-taker for the electricity produced at the Rentel offshore wind farm.

The selected company will acquire the power generated at the wind farm through a long-term Power Purchase Agreement (PPA).

The duration of the PPA will be from 1 October 2020 to 30 June 2036.

The tenders and the requests to participate can be submitted until 24 February.

Fully operational since the end of 2018, Rentel comprises 42 Siemens Gamesa D7-type turbines, each with a 7.35MW individual capacity, installed some site 40 kilometers off the coast of Ostend.

The 309MW wind farm is owned by a consortium of eight Belgian shareholders, including Otary Offshore Energy, DEME Group and Elicio NV.