Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
By 16 May 2017, financial close had been reached for Trianel Windpark Borkum II, with project debt arranged on terms noted as setting a new benchmark low for the cost of German offshore wind financing. This financial close locked in the previously described circa EUR 800 million investment and associated debt package, enabling full-scale construction of the 200 MW Phase 2 extension to proceed.