Offshore wind developer Parkwind has secured a loan from the European Investment Bank (EIB) for the construction of the 257 MW Arcadis Ost 1 wind farm.
The project concerns a 257 MW offshore wind farm, comprised of 27 wind turbines with a unit capacity of 9.5 MW located in German territorial waters. In addition, the project is comprised of the inter-array cabling at 35 kV level and a 35/220 kV offshore substation. It will apply monopile foundations for both turbines and offshore substation.
The project is located in a dedicated zone for offshore wind development in the German Baltic Sea.
Arcadis Ost 1 is scheduled for commissioning in 2023. The wind farm is Parkwind’s first offshore wind project in Germany.