By Editors of Power Engineering
Northland Power announced its 600-MW Gemini offshore wind farm, one of the largest in the world, has reached full completion.
The $3 billion facility built off the shore of Groningen, The Netherlands features 150 Siemens turbines, and was completed ahead of schedule. It is now delivering power to 1.5 million people.
Northland has a 60 percent stake in the facility, followed by Siemens Financial Services at 20 percent, Van Oord Dredging and Marine Contractors BV at 10 percent and N.V. HVC at 10 percent. Gemini has also restructured the project’s nearly $2 billion senior debt.
“Today’s announcement is a remarkable achievement and the result of exceptional collaboration between all involved,” said John Brace, CEO of Northland. “I would like to commend the Gemini project team; Siemens, who supplied, erected and commissioned the turbines; Van Oord, who designed, procured and installed all other aspects of the project; and everyone engaged with the debt restructuring for their significant efforts.”