Walney Extension Offshore Wind Farm (659MW)
The financing will be used for the construction of the Walney Extension offshore wind farm located approximately 19km off Cumbrian coast in the Irish Sea, in north-west England. Ørsted (formerly DONG Energy) is the sponsor of the project. The wind farm will be constructed and operated under the UK's Contracts for Difference (CfD) regime, which will see the owners receive a guaranteed 15-year tariff. The project was among eight renewables projects to be awarded early CfD investment contracts in April 2014 by the Department...
