Jan. 16 (Bloomberg) -- Vestas Wind Systems A/S, the biggest wind-turbine maker, agreed to supply a 216-megawatt project off Belgium owned by Colruyt SA and Aspiravi Holding NV.
Vestas signed a conditional contract for the Northwind project, the Aarhus, Denmark-based company said today in a statement, without disclosing terms. It will make a further announcement when the agreement with Northwind NV, a venture between Belgian retailer Colruyt and renewables developer Aspiravi, becomes “firm and unconditional,” it said.
Northwind plans to construct the wind farm at Bank zonder Naam in the North Sea, according to the group’s website. The project will cost about 650 million euros ($823 million) to build, Jean de Leu de Cecil, secretary of the Colruyt board, said today by telephone.
Belgium has a target to generate 13 percent of its energy from renewable sources by 2020, according to its National Renewable Energy Action Plan. Colruyt is part of a group of Dutch and Belgian investors that owns the 55-turbine Belwind project off the coast of Zeebrugge.
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