The Thortonbank project was the first offshore wind project to be developed in the Belgian North Sea. In order to prove the viability of this innovative concept and the policy tool put in place, the Belgian authorities required C-Power to start the project with a pilot phase (also named demonstration phase). This pilot phase is the 1st of the 3 phases of the C-Power project.
Construction was started on May 23th, 2007 and after building the wind turbines in 2008, connecting them to the electricity grid was done at the end of 2008. Since the beginning of 2009 electricity has already been injected into the transport network. On May 10th, 2009, the last wind turbine was started up after the perfect running of all test procedures.
Supply and works execution
The turbines were provided by Repower who is responsible for the supply, Operation and Maintenance of the wind turbines during the first 10 years of exploitation.
The initial investment for this pilot phase amounts to 153 million euro.
Senior facilities were provided by Dexia Bank Belgium, Dexia Crédit Local, Société Générale, Rabobank and KBC while Mezzanine was provided by Rabobank only.
A"Construction All Risks" Insurance including ALOP (Advanced Loss of Profit) was contracted with Ethias.
- General info
- Project phase 1
- Project phase 2-3