Skyborn reaches financial close on 976.5 MW Gennaker offshore wind farm
Skyborn Renewables has achieved financial close for the Gennaker offshore wind farm located in Germany’s Baltic Sea. The project has an installed capacity of up to 976.5 MW. The project has secured a €2.1 billion non-recourse financing package from a consortium of 16 commercial lenders and the European Investment Bank, with the total investment exceeding €3 billion. The project is targeted for commercial operations by the end of 2028.
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