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    Signature(s)

    Amount
    € 262,467,397.38
    Countries
    Sector(s)
    Belgium : € 262,467,397.38
    Energy : € 262,467,397.38
    Signature date(s)
    30/11/2018 : € 12,467,397.38
    30/11/2018 : € 12,467,397.38
    30/11/2018 : € 12,997,670.54
    30/11/2018 : € 224,534,932.08

    Summary sheet

    Release date
    3 August 2018
    Status
    Reference
    Signed | 30/11/2018
    20170917
    Project name
    Promoter - financial intermediary
    SEAMADE NV-MERMAID & SEASTAR OFFSHORE WIND FARMS
    ENECO WIND BELGIUM SA,OTARY RS,ELECTRABEL SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 262 million
    EUR 1346 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project comprises the construction of two offshore wind farms about 38 and 50 km off the Belgian coast, with a total installed power of up to 488 MW depending on the final design, and associated ancillary facilities, including inter-array cables, an offshore substation and export cable to connect to an offshore connection point to the national Belgian grid.

    The development of offshore wind energy will support EU and national targets for renewable energy generation, and contributes to the security of energy supply and environmental objectives. The project will further contribute to the Bank's transversal priority objectives for energy-sector lending related to renewable energy sources and climate action.

    Environmental aspects
    Procurement

    The project is fully consented following an environmental impact assessment process including an appropriate assessment by the competent authority. With suitable mitigation measures in place, the project has no significant negative impact on the integrity of any nature conservation site.

    The bank will verify at the appraisal whether the promoter is subject to EU procurement legislation (Directive 2014/25/EU) on public procurement.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Impact Assessment (ESIA) - SEAMADE NV-MERMAID & SEASTAR OFFSHORE WIND FARMS - Milieueffectenrapport - Part 1 of 3
    Publication Date
    13 Nov 2018
    Document language
    Main Topic
    Lending
    Document Number
    88154339
    Document Focus
    Environmental Information
    Project Number
    20170917
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - SEAMADE NV-MERMAID & SEASTAR OFFSHORE WIND FARMS - Milieueffectenrapport - Part 2 of 3
    Publication Date
    13 Nov 2018
    Document language
    Main Topic
    Lending
    Document Number
    88154340
    Document Focus
    Environmental Information
    Project Number
    20170917
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - SEAMADE NV-MERMAID & SEASTAR OFFSHORE WIND FARMS
    Publication Date
    13 Nov 2018
    Document language
    Main Topic
    Lending
    Document Number
    84197653
    Document Focus
    Environmental Information
    Project Number
    20170917
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - SEAMADE NV-MERMAID & SEASTAR OFFSHORE WIND FARMS - Milieueffectenrapport - Part 3 of 3
    Publication Date
    13 Nov 2018
    Document language
    Main Topic
    Lending
    Document Number
    88159820
    Document Focus
    Environmental Information
    Project Number
    20170917
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - SEAMADE NV-MERMAID & SEASTAR OFFSHORE WIND FARMS
    Publication Date
    20 Dec 2023
    Document language
    Main Topic
    Lending
    Document Number
    184254367
    Document Focus
    Environmental Information
    Project Number
    20170917
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - SEAMADE NV-MERMAID & SEASTAR OFFSHORE WIND FARMS
    Publication Date
    25 Mar 2019
    Document Language
    English
    Main Topic
    lending
    Document Number
    86527720
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20170917
    Last update
    25 Mar 2019
    Sector(s)
    Energy
    Countries
    Belgium
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

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    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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