Saint Nazaire: A first financing for French offshore wind

In:

Renewables

Region:

Europe

Niamh Curran

Reporter

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France’s first offshore wind farm project financing – the 480MW Saint Nazaire scheme – had an extended deal gestation of over seven years after facing several legal and environmental challenges. But despite its troubled path to financial close, the deal priced at a margin and tenor on a par with more mature European offshore wind markets