in News Departments > FYI
print the content item

Renewable energy consultancy Natural Power reports it has completed technical due diligence of four wind farms in northern France on behalf of funding banks Nord/LB and HSH Nordbank.

Diamond Generation Europe, a subsidiary of Mitsubishi and EDF Energies Nouvelles, has secured a EUR 100 million non-recourse debt package with two lenders to finance the construction of the projects. The wind farms, which have a combined output of 72 MW, are located in the Nord-Pas de Calais and Picardie regions.

To secure financing, Natural Power reviewed the balance-of-plant and engineering, procurement, and construction contracts; analyzed land lease agreements; and audited the energy production assessment. The consultancy says it will also provide construction monitoring and validation on behalf of the funding banks throughout the build-out process and operational phase.


Trachte Inc._id1770
Latest Top Stories

Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.

Renewable NRG_id1934
Canwea_id1984
Hybrid Energy Innovations 2015
BG 2015DblBox_id2032