150 wind mills extra in the North Sea
Funding for the construction of the largest wind farm in the North Sea is agreed. The project has a total budget of 2.8 billion euros.
The wind farm will be build about 85 miles up the coast from the north of Holland.
Preparations for construction have already begun. The 150 mills are expected to be ready in 2017 and can then supply electricity to approximately 785.00 households, or 1.5 million people.
The wind farm is owned by the Canadian Northland Power, Germany’s Siemens, the Dutch dredging company Van Oord and HVC. They have brought together a capacity of 400 million euros. The rest of the funding will include a wide range of banks, including the European Investment Bank.
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