The
288MW
Meerwind
–
comprising
two
adjacent
zones
and
set
to
be
Germany's
largest
offshore
facility
–
is
being
developed
by
Bremerhaven-based
WindMW,
which
is
majority
owned
by
funds
managed
by
Blackstone.
That
makes
the
deal
Siemens’
first
turbine
order
from
a
private-equity
house.
The
turbine
contract
was
finalised
after
Blackstone
nailed
down
€1.2bn
($1.7bn)
in
financing,
becoming
the
first
developer
to
reach
financial
close
under
German
development
bank
KfW’s
aggressive
new
offshore
wind
programme.
A
group
of
seven
commercial
lenders
–
comprising
Commerzbank,
KfW
IPEX-Bank,
Log in to read complete article.
