Green Giraffe was mandated by John Laing to advise in the acquisition of a 30% stake in the 110.7 MW nearshore project Nordergründe in the German North Sea
Green Giraffe was mandated by John Laing to advise in the acquisition of a 30% stake in the 110.7 MW nearshore project Nordergründe in the German North Sea.
The Nordergründe project is John Laing’s first investment in offshore wind. The project achieved financial close in June 2015 with senior debt being provided by the European Investment Bank (EIB), KfW IPEX Bank and other commercial lenders. In addition to John Laing, other shareholders in Nordergründe are wpd AG (30%) and Gothaer Leben Renewables GmbH (40%).
The project consists of 18 Senvion 6.2 M126 turbines and was completed in 2017