Financial close for Veur de wind Wind Farm

© Nieuwleusen Synergie

Financing for two wind turbines in the outskirts of Nieuwleusen in the province of Overijssel is completed. Initiator of the project, named ‘Veur de wind’ is the local cooperative Coöperatie Nieuwleusen Synergie. The project is financed by ASN Bank and water authority Waterschap Drents Overijsselse Delta (WDODelta). 

The 2 wind turbines will each have a maximum tip height of 205 metres and a rated power of 4.2 MW. They will be installed on the Meentjesweg and Ebbenweg, in the proximity of the existing wind farms in Nieuwleusen-West and Tolhuislanden.

The wind farm is an initiative of local citizens. Around 130 local residents that live in the near proximity of the turbines will receive annual compensation of around 120,000 Euro in total. This is the equivalent of almost 40% of the expected annual revenue. The remaining revenue will go into a sustainability and/or livability fund in Nieuwleusen. The figures are depending on the wind conditions.

Financial participation citizens
The cooperative aims to raise around 450,000 Euro via crowdfunding. Citizens in the municipality of Dalfsen can participate financially via crowdfunding platform Oneplanetcrowd. It concerns a loan against 4.5% interest (after reduction of costs) with a linear repayment of 10 years. (Read more on financial participation in the latest edition of Wind Energy Magazine).

Construction activities are planned for autumn this year. The turbines are expected to become operational in spring 2021 and could annually generate around 13,000 MWh each. The produced power will be sold to energy company Greenchoice.

The province of Overijssel has set a target to realise 85.5 MW of wind energy before 2021. For WDODelta it contributes to their aim of becoming energy neutral by 2025. Source: