Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
In June 2021, Parkwind reached financial close and took final investment decision on the 257 MW Arcadis Ost 1 offshore wind farm, securing about EUR 570 million of project debt from nine lenders including KBC, Belfius, Helaba, KfW, Rabobank, Société Générale, ING, EKF, and the European Investment Bank, enabling construction to proceed towards full operation in 2023.