Colruyt Seeking to Share Wind Farm Investments: Standaard
By -
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