This was a Geothermal project in the Westland area of the Netherlands which is known for its greenhouse entrepreneurs. The project is expected to contribute around 45MW -60MW to the heat supply in the area and service around 70 horticultural businesses, which is equivalent to heating needs of around 50,000 households. The Projects are together developing a geothermal energy system consisting of three doublets, which will be realized in the village of Maasdijk in the Westland area of The Netherlands. Gridlines assisted by providing a model audit for the benefit of the borrower and the lending group, and this is one of the first geothermal project financings of its kind in Western Europe.
Financial modelling
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