Highland Group Holdings Ltd. [HGHL], Siemens Financial Services and Copenhagen Infrastructure II, a fund managed by Copenhagen Infrastructure Partners, have announce that they arranged the successful financing of the 400MW Veja Mate offshore wind farm project, for a total project investment of € 1.9 billion.
The Veja Mate offshore wind farm will operate 95 kilometres North West from the island of Borkum and will be connected to the power grid via the existing Borwin 2 offshore sub-station managed by TenneT. The project has the following suppliers: Siemens (turbine supply and installation), FICG (a consortium consisting of Cofely Fabricom, CG Holdings and Iemants) (offshore substation supply and installation), OWF a consortium consisting of Boskalis and Volker Stevin (foundations supply and installation) and Siem (cable supply and installation) and expected to be completed in 2017.