Logo_post_b
Print Back to story

Colruyt Seeking to Share Wind Farm Investments: Standaard

By Aoife White - Apr 14, 2012

Colruyt SA (COLR), a Belgian retailer, is seeking investors to share the costs of offshore wind farms, De Standaard said, without saying where it got the information.

The Northwind NV project requires 760 million euros and Colruyt may have to take on the debt, the newspaper said. Colruyt owns 66.7 percent of the Northwind Aspiravi project, with the rest owned by local governments. Colruyt also owns 26.9 percent of the Belwind project off the coast of Zeebrugge.

To contact the reporter on this story: Aoife White in Brussels at awhite62@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net

®2013 BLOOMBERG L.P. ALL RIGHTS RESERVED.