The financing for the 270 MW Lincs wind farm off the coast of Lincolnshire near Skegness is coming from a consortium of ten commercial banks including Abbey National, now trading as part of Santander, BNP Paribas, HSBC, Lloyds TSB and Unicredit Bank.
Construction on the project started in 2010 and is expected to be completed in the second half of this year. The wind farm will be fully operational next year.
The wind farm, which will comprise 75 Siemens’ 3.6 MW turbines, is expected to cost around £725 million.
The Lincs development is adjacent to Centrica’s existing Lynn and Inner Dowsing wind farms.
UK’s largest community-owned wind farm seeks go ahead (10-May)
UK gives go ahead for Vattenfall’s 299 MW Welsh wind farm (8-May)
Centrica’s UK offshore wind farm goes ahead (29-Oct 2009)
Article source: http://www.energyefficiencynews.com/i/5167/