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Econcern and Eneco, one of the three leading energy companies in the Netherlands, today opened the Netherlands' largest offshore wind farm.

At this celebratory event, the wind farm (previously known as Q7) was renamed to "Princess Amalia Wind Farm", after Princess Catharina-Amalia, the eldest daughter of Prince Willem-Alexander and Princess Máxima. The 60 wind turbines of 2 MW each are situated 23 kilometres from the coast in a block Q7 off IJmuiden, in water between 19 to 24 metres deep. Princess Amalia Wind Farm is therefore not only the world's largest wind farm outside the "12 mile zone", but also located the furthest from the coast and constructed in the deepest water. Annually the wind farm supplies approximately 435 GWh of electricity. Princess Amalia Wind Farm is the first offshore wind farm on the basis of so-called ‘non recourse' project financing. This means that the investing banks, Dexia, Rabobank and BNP Paribas, trust that the income generated by the wind farm will completely cover the interest and instalments, without the requirement of additional guarantees from the shareholders.
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