General – Clean Energy
Engineering company Wood Consulting has successfully secured over €1 billion in funding for clean energy projects across Europe.
This milestone enables three major renewable energy initiatives to reach their final investment decisions (FID).
With a prominent role in over 70% of the EU’s offshore wind projects, Wood Consulting continues to lead the charge in Europe’s renewable energy advancement.
In Lithuania, Wood served as Lenders’ Technical Advisors for the country’s largest onshore wind farm. Collaborating with Nord/LB, KfW IPEX-Bank, and the Nordic Investment Bank (NIB), Wood’s team facilitated the pre-finance period for the 821 MW project. Scheduled for completion in 2026, the wind farm will power over 270,000 households and cut carbon emissions by more than 200,000 tonnes annually. Wood continues to lead project management as construction begins.
In Sweden, Wood played a crucial role in helping Renewable Power Capital (RPC) secure financing for its 553 MW onshore wind portfolio, consisting of four wind farms aimed at reducing emissions in the industrial sector. Wood’s support included initial investment advising and further due diligence for project financing. The company will oversee the project through its construction phase.
Additionally, Wood is the owner’s engineer for the groundbreaking Catalina green hydrogen project in Spain. Recently awarded €230 million from the European Hydrogen Bank’s first auction, this project combines 1.5 GW of wind and solar energy to power a 500 MW electrolyser for green hydrogen production.
