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PARTNERS
The partners have combined their expertise to the benefit of this innovating project.
Shareholders
Belgian shareholders |
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Worldwide operating maritime engineering specialist Subsidiary Dredging International is the only Belgian company with experience in building offshore wind turbine foundations and installing offshore wind turbines and is involved in building five out of the eight existing multi-megawatt wind turbine parks at sea in the world. |
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Environmental holding company of the Walloon Investment
Company S.R.I.W Specialist in financiering en ontwikkeling van milieu-en utiliteitsprojecten |
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Investment company of the public administrations of the
Walloon Region Specialists in financing and developing environmental and utility projects |
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Investment vehicle for the participation in electricity and utility ventures |
Two European strategic partners |
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EDF Energies Nouvelles, a 50%-owned subsidiary of the EDF group. A major player in the worldwide wind power and renewable energy market. |
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RWE Innogy pools the renewable energy expertise and generating plant of the RWE Group. The company plans, builds and operates renewable power generation facilities, and aims to vigourously grow its renewable energy capacity in the UK and Continental Europe. |
Financing
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Mandated Lead Arranger Leader of the structuring of the 111 Mio EUR long term project financing which will be syndicated by a consortium of bank. (see press release) |
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Mezzanine lender Issues a 20 Mio EUR subordinated non recourse Mezzanine Facility and participates in the banks syndicate. (see press release) |
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Engineering & Design (click here for more info)
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The Engineeringing offices Technum and IMDC, in cooperation with Dong Energy (DK), are appointed as Owners Engineer and are responsible for the basic design and supervision of the detailed design of the Thorntonbank project. |
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Supply and Works Execution
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Designs and supplies the offshore and onshore cable connections as well as the onshore transformer. | |
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Dredging International and Fabricom GTI have established de "Tijdelijke Handelsvennootschap" Seawind for the design, the construction and installation of the foundations and the offshore and onshore cables. | |
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Is responsible for the design, supply and installation, management and maintenance of the wind turbines during the first 10 years of exploitation. | |
Insurance
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A "Construction and Erection All Risks" Insurance including ALOP (Advanced Loss of Profit) has been contracted. |