Home » 500MW French offshore wind farm set to start construction

500MW French offshore wind farm set to start construction

by Liam Turner

A near-500MW offshore wind farm in France has move into the construction phase following the completion of a final investment decision made by the Eoliennes en Mer des îles d’Yeu et de Noirmoutier (EMYN) consortium.

The first offshore operations for the 496MW Îles d’Yeu and Noirmoutier wind farm will take place in the summer before the construction work begins next spring with the installation of the monopile foundations, the offshore substation, and the first subsea cables.

The wind turbines are scheduled to be installed in 2025, with the offshore wind farm expected to be commissioned in the second half of the same year.

The project has accrued investment of around €2.5bn (c.£2.2bn).

The consortium – which comprises Ocean Winds, Sumitomo Corporation, Banque des Territoires, and Vendée Energie – says the project involves “robust” international public and private financing, led by the Japan Bank for International Cooperation (JBIC) and a group of 16 banks from around the world.

Ocean Winds is ENGIE’s joint venture split 50/50 with EDP Renewables.

The financing is provided through shareholders-backed financing and non-recourse debt, raised with the support of Société Générale, which acted as the financial advisor to the project.

Located off the coast of Vendée, 11.6 kilometres from the island of Yeu and 16.5 kilometres from Noirmoutier, the offshore wind farm will feature 62 Siemens Gamesa 8 MW wind turbines, which the OEM will produce in its Le Havre facility.

The monopiles will be produced by China-based Dajin Heavy Industry, while Eiffage will deliver all 62 transition pieces.

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