Nordex Secures Financing For Wind Farm
News: German wind turbine manufacturer Nordex received financing from Germany-based asset manager KGAL for the internally-developed 75MW Seine Rive Gauche Nord (SRN) wind farm in Aube, France. Nordex will collaborate with French wind power project developer H2air to develop the project. The German manufacturer will supply and install 30 turbines at the wind farm and the French developer will take over the technical and commercial operations of the facility. The SRN wind farm is estimated to produce 183GW/h of electricity every year. Work on the wind farm is scheduled to begin in 2015, with preparation for the construction works expected to start in Q214.