ENGIE Electrabel and public partners Infrabel, City of Sint-Truiden and IBE with the financing of Project Greensky in Gingelom – Lawyer Monthly | Legal News Magazine

ENGIE Electrabel and public partners Infrabel, City of Sint-Truiden and IBE with the financing of Project Greensky in Gingelom

 NautaDutilh assisted ENGIE Electrabel and its public partners with the financing of Project Greensky, which entailed the design, development, construction and operation of wind farms in Gingelom (seven wind turbines) and Lincent (nine wind turbines), totalling approximately 32 MW of wind capacity.

The sponsors were ENGIE Electrabel and its public partners (Infrabel, City of Sint-Truiden, IBE). The lender for the project was Triodos Bank (assisted by Stibbe).

Greensky is the fourth in a series of on-shore wind farms which ENGIE Electrabel intends to develop on an unconsolidated basis, i.e. in a 50-50 partnership with public entities (municipalities, intermunicipal associations and service provider associations). NautaDutilh‘s core team was comprised of Thibaut WillemsPierre De Pauw and Silke Volckaert.

 

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