A spokesman for developer Trianel says the delay has created a financial gap at the higher end of the “two-digit million euros” range.
“It’s tough, but we’re in the process of solving this with our shareholders and our banks, and we’ll make it through,” he tells Recharge.
In 2009, financing challenges led to Trianel — a consortium of municipal utilities — splitting the 400MW Borkum West 2 zone in two.
Part
