Vestas, Rabobank and Windpark Zeewolde to build Netherland’s largest onshore wind project

Vestas, Rabobank and Windpark Zeewolde B.V. have signed contracts for wind turbines and financing the development of the Windpark Zeewolde wind park project in the Netherlands. Windpark Zeewolde B.V. is a collaboration of more than 200 local farmers, residents and entrepreneurs in the Netherlands. It has placed an order with Vestas for 83 wind turbines, totalling 322 MW in capacity, for the wind project. The Zeewolde wind park currently houses over 200 turbines, which will be replaced by new Vestas turbines that will generate almost three times more energy. Rabobank will finance the project and provide both junior debt and a senior debt loan (approximately Euro 500 million). The delivery of the wind turbines is expected to begin in the first quarter of 2021. The entire park will be completed in 2022.

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