Blackstone to Invest $3.5B in German Wind Farm | REVE News of the wind sector in Spain and in the world

Own: are those that are downloaded in your browser from AEE's own domain, being managed by ourselves.
From third parties: these are downloaded to your browser from a domain that is not managed by AEE, but by a third party.

Blackstone is planning to invest a combined 2.5 billion euro ($3.5 billion) into the construction of Germany’s biggest ever offshore wind farm. The 80 wind turbines wind farm will be built in the North Sea, and is expected to be completed by 2013.

Blackstone is set to announce its largest renewable energy deal with the investment of a combined 2.5 billion euro ($3.5 billion) into the construction of Germany’s biggest ever offshore wind energy plant.

The U.S. private equity firm group will announce on Friday that it has secured financing for an 80 wind turbines wind farm in the North Sea, which it plans to complete constructing by 2013.

The 1.2 billion euro wind power project, dubbed “Meerwind,” which was first announced in 2008, is set to produce enough power to service 40,000 households.

Blackstone will also unveil plans for an estimated investment of 1.3 billion euro in a project of 64 wind turbines for which it has already acquired a permit.

www.blackstone.com/