FUTUREN starts construction of 21 MW Wind Project in France

FUTUREN, an independent producer of wind power, is actively pursuing the implementation of its project portfolio in France. After having ordered turbines last August, FUTUREN secures a bank loan and launches the construction works for its Courant-Nachamps project.

The Courant-Nachamps project is located on the territory of the Courant and Nachamps municipalities, in the Charente-Maritime department, in France. With 7 wind turbines delivering a unit capacity of 3 MW, the total installed capacity of the wind farm will reach 21 MW.

The bank loan is a non-recourse long term loan secured by the future cash-flows that will be generated by the wind farm.

According to the planned schedule, construction works started in March 2017. The wind farm is planned to be commissioned in the beginning of 2018.

Once in operation, the future wind farm will generate green electricity covering the domestic electricity needs of almost 24,000 households each year.