Green Giraffe advised Sunvest Ontwikkeling, a tier-1 renewable energy developer and independent power producer in the Netherlands, Belgium and France on raising mezzanine debt for a c. 420 MW portfolio of 16 solar PV projects in development, construction and operation
Green Giraffe has successfully advised Sunvest Ontwikkeling, a tier-1 renewable energy developer and independent power producer in the Netherlands, Belgium and France on the mezzanine financing raise.
Sunvest successfully raised EUR 25 M subordinated debt at holdco level for a c. 420 MW portfolio of 16 solar PV projects, either in final development stage, under construction or in operation. The financing provides financial resources for Sunvest’s pipeline of projects, without diluting Sunvest’s share ownership in its plants, and adds high-quality renewable energy assets to Sienna Private Credit portfolio.
Sunvest Ontwikelling B.V. is a joint venture between ProfiNRG, a technical EPC and O&M provider, and Green Tower, a proprietary investment vehicle focused on the energy transition sectors.
Sienna Private Credit (formerly Acofi Gestion) is an AIFM portfolio management company, approved by the AMF since 1997, and since 2022 an entity of Sienna Investment Managers group, alternative investments hub specialized in real assets and private equity through investments in non-listed companies.