Wood has been appointed by KfW IPEX-Bank as the lender’s technical advisor on a portfolio of Neoen-developed wind farm projects in France. The 105MW portfolio comprises two brownfield and six greenfield wind projects including Auxois Sud in the Bourgogne-Franche-Comté region, Vallée aux Grillons and Pays-Chaumontais in the Grand-Est region, Champs d’Amour and Chassepain in the Centre-Val-de-Loire region.
Wood’s team of engineers and consultants are providing a full due diligence scope of work which includes reviewing and mitigating technical and commercial risks related to noise and power performance assessment issues. The due diligence phase will be followed by construction and operation monitoring activities. The portfolio is financed in several tranches and the last projects are expected to reach financial close in 2018. To date, seven wind farm projects have successfully reached financial close.