A provincial interest in the world’s largest inland wind farm.
A wind farm with impressive figures: 89 turbines in the Frisian part of the IJsselmeer: 383 MW, 1.5 TWh per year, providing 500,000 households of electricity.
And with a minority stake for the province of Fryslân!
At least, all the way IN.credible for the Provincial Council set the stage for this investment decision.
Fan en Foar Fryslân
By taking a minority stake in the Fryslân wind farm, the province of Fryslân has taken an unprecedented step. The participation allows the province to return a portion of the revenues from the world’s largest inland waterway wind farm to society. These revenues will be used to invest in new sustainable initiatives in the county.
In 2019, IN.credible was appointed by the province. The decision to participate was certainly not taken lightly. The Province first consulted various experts and then asked Norton Rose Fulbright and IN.credible to review the proposed transaction once again, taking into account the stated conditions. We shared our findings with the Province in two “confirmatory opinions”, after which the deal closed.
Website: Wind Farm Fryslan
Structuring Ability , Contracting , Funding , Leveraging expertise
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