Canadian energy group Boralex has decided to exercise an option to sell its interest in the Vents de Dunkerque consortium that is bidding for the right to develop a 500 MW offshore wind project off Dunkerque (northern France). Boralex conducted a careful review of the process' competitive conditions and risk profile, and concluded that it no longer satisfied its investment criteria. Boralex will then sell its interests to the other partners, i.e. Eneco, Van Oord and Diamond Generating Europe (DGE, an affiliate of Mitsubishi).
In November 2018, the French government postponed the tender results to 2019 and expects to select the winner in mid-2019. Ten French and foreign groups were shortlisted in May 2017, including Equinor, Elicio, Deme Concessions Wind, InControl France, a consortium of Iberdrola Renovables and RES, a consortium of Engie and EDPR, a consortium of EDF EN, Innogy and Enbridge, a consortium of Boralex and CMI5i Pastor and a consortium of Parkwind and Valeco.
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