- Q7 in the Netherlands, 120MW
- C-Power 1, 2 and 3, 165MW
- Belwind 1 in Belgium, 325MW
- Boreas in the UK, 220MW
- Borkum West, 400MW
- Global Tech1, 400MW
- Meerwind in Germany, 288MW
Dexia is tracking other offshore wind projects in the North Sea and has a pipeline of future deals there.
The rescue deal came after German chancellor Amanda Merkel and French president Nicolas Sarkozy agreed on a plan to recapitalise Europe’s crisis-hit banks.
In the Dexia deal securing borrowing of up to €90 billion, the Belgian government will provide 60.5% of guarantees, the French government 36.5% and Luxembourg 3%. The Belgian government will nationalise the bank’s retail arm at a cost of around €4 billion.
Dexia has a global credit risk exposure of around $700 billion, twice the gross domestic product of Greece.