SgurrEnergy has been selected as lender’s technical and environmental advisor to an international banking consortium for the GBP 750 million Lincs offshore wind farm. The project, which is in construction, will comprise 75 Siemens SWT-3.6-120 3.6MW wind turbines when completed.
Lincs is the first project financed offshore wind farm in the UK to be financed pre-completion and full project completion is expected in 2013. During the financing process, SgurrEnergy undertook a full technical review of the wind farm design, installation method and contractual structure, together with a review of the financial and energy yield assumptions, and environmental considerations. Work included construction monitoring and the assessment of delay scenarios as the construction progressed.
Lincs is the first project financed offshore wind farm in the UK to be financed pre-completion and full project completion is expected in 2013. During the financing process, SgurrEnergy undertook a full technical review of the wind farm design, installation method and contractual structure, together with a review of the financial and energy yield assumptions, and environmental considerations. Work included construction monitoring and the assessment of delay scenarios as the construction progressed.
