France, June 2nd 2020 – EDF Renewables, a subsidiary of the EDF Group, Enbridge Inc. (TSX:ENB) NYSE:ENB), a leading energy infrastructure company in North America, and wpd, a European renewable energy company, announced today the launch of the Fécamp offshore wind farm following the finalisation of financing agreements between the consortium and its financial partners during the week-end.
The 500 MW Fécamp offshore wind farm will be composed of 71 wind turbines located between 13km and 22km from the coast of northwest France. Project commissioning is scheduled in 2023. The power generated by the wind farm will provide enough annual elec- tricity to meet the power needs for 770,000 people, or over 60% of the Seine-Maritime de- partment’s population. The construction of the project will create over 1,400 local jobs in total. During its 25-year service life, approximately 100 local ongoing full-time jobs based at the port of Fécamp will also be created to maintain the wind farm.
The total project capital cost is estimated to be EUR2 billion, of which the majority will be financed through non-recourse project level debt. Fécamp offshore wind farm is under- pinned by a 20-year power purchase agreement (PPA) granted by the state, in June 2018.
The consortium has sealed equipment supply contracts with top-tier suppliers, including:
Siemens Gamesa Renewable Energy (SGRE) for the 71 wind turbines;
Bouygues Construction, plus Saipem and Boskalis for its foundations; and
Chantiers de l’Atlantique, plus GE Grid Solutions and SDI for the offshore substation
RTE, responsible for connecting the wind farm from the substation to the coast and then until Normandy’s electricity grid, will start its onshore works in June.
SGRE’s new turbine manufacturing plant in Le Havre, at which construction is set to begin this summer, will create 750 jobs. The manufacturing of the gravitational foundations for the wind turbines will commence this summer at the Grand Port Maritime site, providing work for around 600 people. The wind turbines will be assembled at the Port of Cherbourg. These orders come at a time when the country intends to boost its activity after two months of lockdown. This project has been guided by extensive consultation carried out for over 10 years with local stakeholders (state services, elected officials from the region, the Department, coastal municipalities, and son-government organisations) and is supported by in-depth environmental studies undertaken with local environmental associations. Specific work was also carried out in close collaboration with the fishing industry to ensure the coexistence of various maritime activities on the site.
Source : Press Release EDF Renouvelables
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