Green Giraffe was mandated by German renewable energy developer PNE WIND AG, to assist in procuring non-recourse financing for the Gode Wind 2 project in the North Sea. Gode Wind 2 is a fully permitted offshore wind farm project situated about 33 kilometers off Norderney island. PNE Wind decided in mid 2012 to sell the project to DONG and the non-recourse financing option was dropped at that time.