Fid Financial Close

Renewable Energy journal article preview 'Offshore wind at Blyth' (Renewable Energy, 2001; DOI:10.1016/S0960-1481(01)00040-4) states: 'At present the project has the benefit of an NFFO power purchase contract and an EC Thermie £700,000 grant. All consents have been obtained.' This indicates that by the time of writing (ahead of July 2000 build) the project had secured its key funding support (Thermie grant) and offtake contract, consistent with proceeding decision; recorded as a year-level FID/financial close in 1999 (the same year DTI report notes power purchase contract obtained and project team enlarged).