Walney I & II Offshore Wind Farms

Walney I & II Offshore Wind Farms generate clean electricity for almost 320,000 UK homes.

The Project

For over ten years, BRIDGE has supported major pension funds group, PGGM with technical, financial and commercial management for their investment in the Walney I and II offshore wind farms, situated off the coast of Cumbria in the Irish Sea.

BRIDGE works alongside Ørsted and Greencoat UK Wind in this project.

  • Since 2012
  • 367 MW farm
  • £200m package of debt facilities - six banks.

Services We Provide:

  • Day to day management of the investment company group
  • Liaising with JV shareholders
  • Corporate administration of the investee companies
  • Management and statutory accounting and tax administration
  • Loan administration
  • Interest and repayments
  • Lender reporting
  • Managing of the hedging facilities

Project Location

Walney Extension offshore wind farm is located approx. 19km west of Barrow-in-Furness in Cumbria, off the North-West coast of England.

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Barrow-in-Furness, LA14 2GR