Green Giraffe Advisory advised Veja Mate on raising an additional senior debt facility and replacing the DSRA in place by a DSRF
Green Giraffe Advisory was mandated as exclusive financial advisor by the project company Veja Mate Offshore Project GmbH, a 402 MW offshore wind farm located in the German North Sea, to raise an additional senior debt facility and a DSRF to replace the project’s DSRA. The financing has been secured among the existing pool of senior debt lenders with a very competitive pricing.
The Veja Mate Offshore Project is a German offshore wind farm located in the North Sea that has been operational since 2017 with excellent operational track record, having one Best Offshore Windpark on various occasions. As of 2023, the shareholding group consists of a consortium formed by Commerz Real, Ingka Investments, KGAL, and wpd invest.
Green Giraffe Advisory has supported Veja Mate on numerous occations (greenfield financing, debt restructuring, sell-side) and is proud to have supported the project team on yet another successful milestone.