Green Giraffe advised the 322 MW onshore wind farm Windpark Zeewolde on the arranging of the ca. EUR 500M financing, which closed on 25 June 2020, and related restructuring, closed on 17 July 2020
Green Giraffe advised the 322 MW onshore wind farm Windpark Zeewolde on the arranging of the ca. EUR 500M financing, which closed on 25 June 2020, and related restructuring, closed on 17 July 2020.
Windpark Zeewolde Wind Park is one of the largest onshore wind farms in the Netherlands and the largest community owned wind farm in Europe. It is an initiative of Windpark Zeewolde BV, a unique collaboration of more than 200 local farmers, residents and entrepreneurs. More than 200 old turbines in the wind farm area will be replaced by new Vestas turbines that will generate almost three times more energy with less than half the number of turbines, demonstrating the large potential in replacing older turbines with new and more efficient variants.
Our mandate included:
- Advising on the debt and equity strategies and execution thereof
- Management of due diligence processes
- Contractual bankability review and support during negotiations
- Assisting on negotiating the financial documentation
