Ostwind links with EWZ to build 175 MW of onshore wind in France

France's Ostwind International and Swiss utility EWZ will partner to develop 10 onshore wind projects, totalling 175 MW, in the north-east and south-west of France. The schemes will collectively generate 450 GWh per year when they are commissioned by 2027. EWZ will fund the schemes from a CHF200m ($210.9m) framework loan facility. The projects take the utility’s onshore wind generation portfolio to 1.5 TWh.

French wind project developer Ostwind International SAS has tied up with Zurich utility EWZ to jointly develop and build 175 MW of onshore wind projects in France.

The companies have entered into a co-investment partnership that envisages the construction and operation of 10 wind parks in northeastern and southwestern France. The collaboration was announced on Wednesday by Watson Farley & Williams, which was EWZ’s advisor in the deal.

Ostwind and EWZ plan to install a total of 69 turbines in proximity to existing wind farms operated by the Zurich utility. The power plants are expected to have a combined output of around 450 GWh of electricity per year. They are planned to go live by 2027.

EWZ said in a separate press release it will provide financing for the projects from a CHF-200-million (USD 210.9m/EUR 187.6m) framework loan facility for investment in renewables. The new wind parks will lift the utility’s wind power generation to around 1.5 TWh.

(CHF 1.0 = USD 1.054/EUR 0.938)

Choose your newsletter by Renewables Now. Join for free!