.
- Van Oord awarded Gemini EPC contract, valued at more than EUR 1.3 billion
- Banks contributing EUR 2.3 billion to the EUR 2.8 billion construction costs
- Wind project will supply renewable energy to 785.000 households starting in 2017
The Gemini offshore wind project shareholders, headed by Canada's Northland Power Inc., announced today that they have reached agreement with the banks on the project's financing. The financial close will contribute EUR 2.3 billion to the overall construction costs of EUR 2.8 billion. Van Oord has a 10% equity stake in this project. The other shareholders are Northland Power Inc. (60%),
- Van Oord awarded Gemini EPC contract, valued at more than EUR 1.3 billion
- Banks contributing EUR 2.3 billion to the EUR 2.8 billion construction costs
- Wind project will supply renewable energy to 785.000 households starting in 2017
The Gemini offshore wind project shareholders, headed by Canada's Northland Power Inc., announced today that they have reached agreement with the banks on the project's financing. The financial close will contribute EUR 2.3 billion to the overall construction costs of EUR 2.8 billion. Van Oord has a 10% equity stake in this project. The other shareholders are Northland Power Inc. (60%),
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