Energy & Science
Hundreds of Dutch Farmers Sign $560 Million Wind-Farm Deal
- New financing will help replace old turbines with new ones
- Re-powering can provide more electricity with fewer turbines
Photographer: Chris Ratcliffe/Bloomberg
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A collective of more than 200 farmers in a rural part of the Netherlands got financing to build one of the largest onshore wind farms in the country.
Windpark Zeewolde BV secured 500 million euros ($561 million) of debt from Rabobank to construct the 322-megawatt wind farm about 50 kilometers (31 miles) east of Amsterdam.