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One of my friends recently moved into a rather smart executive housing development in Epsom. After a few exhausting days of moving and unpacking…

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Paris, 29 January 2026 – Green Giraffe Advisory (“Green Giraffe”) is pleased to announce the successful financial closing of the sale of Project Cheviré…

Paris, 29 January 2026 – Green Giraffe Advisory (“Green Giraffe”) is pleased to announce the successful financial closing of the sale of Project Cheviré on behalf of our client, Harmony Energy. Acting as the sole financial advisor, this transaction marks another milestone in our extensive track record of BESS closings across France and Europe, reinforcing our expertise in financing the essential technologies of the energy transition.
A Landmark asset for the French grid
Located in Nantes, Project Cheviré is a 100 MW / 200 MWh facility, currently the largest operational BESS project in France. With the capacity to supply the equivalent energy needs of 170,000 households for two hours, the project provides critical ancillary services to the French electricity grid.
This achievement is a testament to the rapid growth of the Harmony Energy team, which established its French operations a bit less than four years ago. The project significantly bolsters national storage capacity and represents a major step forward for local energy security.
The growing demand for flexibility
The strong investor interest throughout this process underscores the market’s appetite for flexibility solutions. As the deployment of renewable energy generation accelerates, grid stability remains a primary challenge; assets like Cheviré are indispensable to ensuring a resilient and balanced energy system.
“The enthusiasm we have seen for this asset highlights the pivotal role that flexibility solutions will play in the coming years. Securing the stability of the grid is the next frontier for the energy transition.”
About Harmony Energy
Founded in 2010 by Peter Kavanagh, Harmony Energy is a leading British Independent Power Producer (IPP) with a robust portfolio of onshore wind, solar, and BESS assets. While maintaining a dominant presence in the UK, the company has successfully expanded into New Zealand, France, Poland, Germany, and Italy. Cheviré is Harmony Energy’s first operational BESS project in France, serving as the flagship for a substantial development pipeline across the country.
Green Giraffe Advisory is delighted to announce its role as exclusive financial advisor to Vireo, a pioneering Norwegian developer of biogas plants, in securing…

Green Giraffe Advisory is delighted to announce its role as exclusive financial advisor to Vireo, a pioneering Norwegian developer of biogas plants, in securing financing for its second greenfield bio-LNG facility, the Lista Biogas project. This achievement represents another major milestone for renewable energy in Norway and reinforces Green Giraffe’s expertise in structuring complex financing for critical energy transition initiatives, as well as the trust placed in us by Vireo as a repeat client.
Located near Farsund Airport on Norway’s southern coast, the Lista Biogas plant will be a key contributor to the country’s sustainability goals. Designed to process approximately 160,000 tons of mixed feedstock annually, including manure, fish, and food waste, the facility is expected to produce around 90 GWh of liquefied biomethane (bio-LNG) each year. This output will help reduce waste, generate clean energy, and accelerate Norway’s transition to a low-carbon future.
Founded in 2021 and supported by Swen Impact Fund for Transition 2, an infrastructure fund managed by French asset manager SWEN Capital Partners, Vireo is committed to becoming Norway’s leading bio-LNG producer. The Lista Biogas project marks Vireo’s second financial close, paving the way for two biogas plants to be under construction simultaneously. The company has a pipeline of projects that it envisages to build out over the coming years.
Green Giraffe Advisory played a pivotal role in guiding the debt-raising process, with ING and Sparebank 1 Sør-Norge, following their involvement in the Hardanger project, providing the senior secured facility for Lista as well. This successful close underscores Green Giraffe’s deep knowledge of the renewable energy sector, strong financial network, and ability to deliver tailored advisory solutions for innovative projects.
“Reaching financial close on Vireo’s Lista Biogas project six months after its first project underscores the momentum of the Norwegian biomethane industry and financiers’ appetite to fund good projects” said Nichlas Rasmussen, Manager of Green Giraffe Advisory. “We are proud that Vireo entrusted us raising debt for their second project and to help push forward the roll-out of biomethane projects in Norway and beyond.”
Green Giraffe Advisory remains committed to supporting impactful projects that drive the global transition toward a greener economy.
Read the full press release here: https://vireo.no/gront-lys-for-lista-biogass/
Green Giraffe Advisory, a leading international advisory firm, today confirms the strategic decision to fully integrate its North American activities into its global advisory…
Green Giraffe Advisory, a leading international advisory firm, today confirms the strategic decision to fully integrate its North American activities into its global advisory network. As part of this transition, the company is gradually winding down operations at its Boston office, reinforcing its global operating model.
At Green Giraffe, we continually refine our operational model to ensure we are best positioned to serve our clients and drive success in the rapidly evolving energy sector. This strategic shift is aimed at enhancing efficiency, strengthening collaboration across geographies and enforcing our commitment to a unified global approach. Our dedicated professionals will continue to serve our valued North American clients from our international offices, ensuring seamless delivery and deep sector expertise.
We extend our deepest gratitude to our exceptional team in Boston. Their dedication and contributions have been instrumental to our North American presence. To our valued clients, suppliers, and all stakeholders, thank you for your trust, partnership, and support over the years. We greatly value the relationships we have built and look forward continuing them across our broader platform.
Green Giraffe remains fully committed to supporting the vast opportunities within the North American energy market. We are confident this streamlined global structure will allow us to better align resources, enhance responsiveness and deliver impactful results for your projects.
For any questions, please contact: contact@greengiraffegroup.com
Green Giraffe is pleased to announce it acted as the exclusive financial advisor to a developer on the successful divestment of an approximately 50…
Green Giraffe is pleased to announce it acted as the exclusive financial advisor to a developer on the successful divestment of an approximately 50 MW solar PV portfolio in Japan.
The portfolio comprised a mix of late-stage development and ready-to-build (RtB) solar photovoltaic assets situated across various regions of Japan.
This transaction underscores Green Giraffe’s deep expertise in the solar PV sector and its capabilities in providing comprehensive sell-side M&A advisory services.
“We are proud to have supported our client in this successful divestment,” said Jun Kasamatsu, Head of Japan for Green Giraffe. “This project highlights our commitment to facilitating key transactions in Japan’s renewable energy market while effectively managing the strategic needs and confidentiality requirements of our clients.”
This successful close further solidifies Green Giraffe’s position as a leading financial advisor in the global renewable energy landscape, contributing to the continued growth and transition towards sustainable energy solutions.
Paris, June 30, 2025 – Green Giraffe Advisory assisted Melvan, a multi-technology renewable energy producer and developer, in opening its capital to a consortium…
Paris, June 30, 2025 – Green Giraffe Advisory assisted Melvan, a multi-technology renewable energy producer and developer, in opening its capital to a consortium of investors composed of Bpifrance, through its France Investissement Énergie Environnement 2 fund, IDIA Capital Investissement, through its Crédit Agricole Energie & Economie Bas Carbone I fund, and a pool of investors from the Crédit Agricole group, as well as OCCTE, through its FPCI OCCTE OCCIGEN fund.
As a mission-driven company since 2024, Melvan designs, develops, builds, finances and operates renewable energy production plants, with a solar predominance, while integrating other complementary technologies. With around ten local offices, the company relies on an innovative and territorialized approach to offer sustainable energy solutions with strong environmental and societal impact.
Founded in 2020 by a trio of experienced executives, each with more than 20 years of sector expertise, Melvan has built an agile organization, supported by a team of 50 committed employees. The group now has a diversified development project portfolio of approximately 2 GW at different stages of maturity, including 750 MW in advanced phase covering the entire French territory.
A strategic partnership based on shared values
As part of this fundraising, Melvan chose to partner with minority, active and specialized financial partners, sharing its vision and commitments in favor of the energy transition. The consortium is composed of:
This significant fundraising will allow Melvan to continue structuring its producer model and accelerate the deployment of its projects at the heart of the territories while maintaining the Group’s independence. The strategic contribution of the financial partners translates into their expertise, their support ecosystems, their networking networks and their presence at the heart of the territories to fully support the group’s growth ambitions.
Melvan was advised by Green Giraffe Advisory (financial), Jeantet (legal) and Syneria (technical).
Green Giraffe Advisory is proud to announce its role as the exclusive financial advisor to Vireo, a pioneering Norwegian developer of biogas plants, in…
Green Giraffe Advisory is proud to announce its role as the exclusive financial advisor to Vireo, a pioneering Norwegian developer of biogas plants, in securing the financing for their greenfield Hardanger Biogas plant. This significant milestone marks a major step forward for renewable energy production in Norway and underscores Green Giraffe’s expertise in facilitating complex financing for crucial energy transition projects.
The Hardanger Biogas plant, located in Husnes Industriområde on the Norwegian west coast, is set to become a vital asset in Norway’s push towards a more sustainable future. With plans to process approximately 120,000 tons of diverse feedstock annually – including manure, fish, and food waste – the facility aims to produce around 90 GWh of liquefied biomethane (bio-LNG) each year. This will play a crucial role in reducing waste, generating clean energy, and accelerating the energy transition in Norway.
Vireo, founded in 2021 and backed by Swen Impact Fund for Transition 2, an infrastructure fund managed by French asset manager SWEN Capital Partners, is dedicated to becoming Norway’s leading bio-LNG producer. The Hardanger Biogas plant is the first of multiple facilities the company has under development across the country.
Green Giraffe Advisory’s role as exclusive financial advisor was instrumental in navigating the debt raising process, which saw ING and Sparebank 1 Sør-Norge providing the senior secured facility. This successful financial close highlights Green Giraffe’s deep understanding of the renewable energy market, its robust network within the financial sector, and its ability to deliver tailored advisory solutions for innovative projects.
“The Hardanger Biogas project is an excellent example of how sustainable initiatives can attract significant capital when supported by holistic financial advice,” said Nichlas Rasmussen, Manager of Green Giraffe Advisory. “In a still nascent industry in Norway, we are proud to have supported Vireo in bringing this transformative project to fruition, contributing to the country’s clean energy goals and the broader global energy transition.”
The Hardanger Biogas plant is poised to set a new standard for sustainable energy solutions in Norway, demonstrating the immense potential of bio-LNG as a clean, domestically produced fuel. Green Giraffe Advisory remains committed to supporting such impactful projects that drive the global shift towards a greener economy.
Read the full press release here: https://vireo.no/vireo-sikrer-finansiering/
We’re thrilled to have been named Financial Adviser of the Year at the prestigious Wind Investment Awards 2025.
We’re thrilled to have been named Financial Adviser of the Year at the prestigious Wind Investment Awards 2025.
This recognition is a testament to our team’s unwavering entrepreneurial spirit and dedication, especially given what has been the most challenging market in a decade. We’re incredibly proud to have successfully delivered on several landmark wind transactions across the globe, pushing the boundaries in financing the energy transition.
Here are just a few highlights of our recent work:
We’ve always been committed to driving the energy transition forward, and we’ll continue to do so across all geographies and technologies, both established and emerging.


Image credit: www.SimonCallaghanPhotography.com
Madrid, 4 April 2025 – Green Giraffe Advisory, a leading financial advisor in the global renewable energy transition, has welcomed Raúl Santos Chozas as…
Raúl brings over 15 years of experience and a proven track record in financing the energy transition. Throughout his career Raúl has participated in a wide range of transactions, including, M&A, project finance, project bonds, and acquisition finance within the infrastructure and energy sectors in Europe and the Americas.
Clément Weber, Managing Director of Green Giraffe Advisory says: “We are very pleased to have Raúl joining our Iberian team. With his experience in both debt and equity advisory within the energy transition sector, we are accelerating the already remarkable development of our Madrid office, achieving significant progress in just three years. Looking forward to the next chapter of our journey, closing even more transactions for our clients in Iberia and beyond.”
Raúl Santos Chozas comments: “Joining Green Giraffe is an exciting opportunity. Their mission to support the energy transition and make it affordable for clients is particularly inspiring. I am eager to join the Madrid-based team, build on the impressive work done in Iberia to date, and expand our efforts in collaboration with our other offices. Green Giraffe Advisory has a unique collaborative set-up that truly stands out. While Iberia already has a strong base in renewables with traditional technologies like PV and wind, there is still tremendous potential to be tapped, especially in new sectors like BESS, biomethane and biogas or hydrogen.”
Raúl joins Green Giraffe Advisory from Astris, where he spent three years working as Director in Madrid and leading key renewable energy transactions for the firm in Spain, Portugal and other European countries. Previously, he was at BBVA, where he spent more than three years as a Director in the Structured Finance Global Energy team in Madrid, leading the execution of significant transactions in the renewable energy sector across Europe and North America, and nine years with the concession arm of the Spanish construction group ACS, working in Canada, Australia, and Colombia. At ACS, Raúl structured and negotiated funding solutions for various infrastructure projects and was involved in strategic business development, including managing public and private sector institutional relationships and contract negotiations.
Raúl holds a bachelor’s degree in business administration from Universidad Complutense de Madrid and a master’s in international management from IE Business School.
About Green Giraffe
Launched in 2010 and with offices in Boston, Cape Town, Copenhagen, Hamburg, London, Madrid, Marseille, Paris, Singapore, Sydney, Tokyo, and Utrecht, Green Giraffe Advisory is the pioneering advisory arm of the Green Giraffe Group, dedicated to pushing the next frontier in finance. As the premier financial advisor for energy transition projects and investors, Green Giraffe Advisory offers bespoke financial advice, market intelligence and development services in all renewable and energy transition technologies.
Since its inception in 2010, Green Giraffe has worked on over 385 key energy transition projects in 63 countries. The Madrid office was opened in 2021 and is located at Calle del Marqués de la Ensenada, 14 in Madrid.
For more information, please contact:
Email: m.llorente@greengiraffegroup.com, marketing@greengiraffegroup.com
Green Giraffe Advisory (“Green Giraffe”), a leading financial advisor in the global renewable energy transition, congratulates Enerlis on White Summit Capital’s (WSC) landmark Investment…

Green Giraffe Advisory (“Green Giraffe”), a leading financial advisor in the global renewable energy transition, congratulates Enerlis on White Summit Capital’s (WSC) landmark Investment in Powesco.
Green Giraffe Advisory is proud to announce its role in advising Enerlis on a significant investment agreement with WSC. This landmark deal will see WSC investing €150 million in energy efficiency-as-a-service projects in Powesco, a French platform dedicated to sustainable renovation solutions.
Key Highlights:
Green Giraffe Advisory extends heartfelt congratulations to our client, Enerlis, and the buying partner WSC for this remarkable achievement. Powesco is strategically positioned to capitalize on the growing demand for energy efficiency solutions in France. With a team of 60 experienced professionals, Powesco is set to deliver audited capex programmes to a large existing blue-chip client base.
This investment is part of the mandate of WDIF II, WSC’s decarbonization infrastructure fund. The platform will offer funded energy efficiency-as-a-service solutions through long-term contracts, allowing private companies and public administrations to reduce their energy consumption without upfront capital requirements, ensuring both financial and environmental sustainability.
Green Giraffe Advisory is honored to have played a role in facilitating this agreement and looks forward to witnessing the positive impact of this investment on the energy efficiency landscape in France.
Pierre-Etienne Claveranne, one of the Managing Directors of Green Giraffe says: “We are thrilled to have supported Enerlis in securing this transformative investment. This partnership not only underscores the importance of energy efficiency in achieving sustainability goals but also highlights the innovative approach of Powesco in addressing the needs of the market. We look forward to seeing the positive impact this collaboration will have on the energy landscape in France. We are very pleased to have supported Enerlis in achieving its ambitious decarbonization goals in both the near term and long term. ”
Since its inception in 2010, Green Giraffe has worked on over 385 key energy transition projects in over 63 countries.
Green Giraffe Paris office is located at 43 rue de la Bienfaisance, 75008 Paris, France.
About Green Giraffe
Launched in 2010 and with offices in Boston, Cape Town, Copenhagen, Hamburg, London, Madrid, Marseille, Paris, Singapore, Sydney, Tokyo, and Utrecht, Green Giraffe offers bespoke financial advice, market intelligence and development services in all renewable and energy transition technologies.
In October 2019, Green Giraffe established a strategic partnership with Daiwa Securities Group. Green Giraffe partners with Daiwa’s global corporate finance platform to bring full service expertise for all clients.
For more information, please contact:
Kees van Oort
Email: k.vanoort@greengiraffegroup.com
Phone: +316 27158614
We’re pleased to announce that Green Giraffe Advisory will be attending the WindEurope Conference in Copenhagen. 20 specialists in financing energy transition projects will…

We’re pleased to announce that Green Giraffe Advisory will be attending the WindEurope Conference in Copenhagen.
20 specialists in financing energy transition projects will be there from the 8th to the 10th of April to discuss how we can support your goals.
Feel free to reach out to our colleagues from the Copenhagen office Nichlas and Sebastian to set up a meeting. We look forward to meeting you!
We are also organising a Breakfast content session during the WindEurope conference in Copenhagen.
This will take place on 9 April 2025 at our offices in Fæstningens Materialgård/Bloxhub.

Should you be interested to join us from 8.00 CEST for breakfast and coffee do send us an email.
We will be presenting about Offshore wind – little secrets about big business cases.
There will be opportunity for networking before and after.
The schedule of the event:
8.00-8.30: Arrival and breakfast
8.30-9.15: Content session
9.15: Networking until leaving for conference
Looking forward meeting you.
Nichlas and Sebastian
Copenhagen team Green Giraffe Advisory
On 4 March, Green Giraffe Advisory, in collaboration with Daiwa Securities and co-hosted by the Development Bank of Japan, successfully organized a symposium titled…
On 4 March, Green Giraffe Advisory, in collaboration with Daiwa Securities and co-hosted by the Development Bank of Japan, successfully organized a symposium titled “Green Transformation (GX) Financing Landscape and Opportunities in Japan”. This event provided a valuable platform for our clients and friends to engage in insightful discussions.
The Japanese market presents numerous opportunities for growth and investment in the green energy sector, as highlighted in the 7th Strategic Energy Plan. Achieving the energy transition in Japan requires bridging the funding gap and managing the risk profile of new assets. This can be accomplished through extensive collaboration across disciplines, sectors, and borders, particularly by leveraging expertise from more advanced markets such as Europe.
Opening Presentations
The symposium started with a presentation by Barbara Zuiderwijk, Managing Director of Green Giraffe Advisory, with the title “Financing the energy transition”.
The other opening presentor was Fumiyo Harada, Managing Executive Officer, Development Bank of Japan. Her opening presentation was titled “Direction of GX (green transformation) and CN (carbon neutrality) in Japan”.

Roundtable 1: Financing Landscape – How to Unlock Required Funding to Reap Benefits for the Japanese Industry

Roundtable 2: Opportunities and Challenges in the Japanese Market – Case Studies from Offshore Wind and Clean Hydrogen

Keynote Speech
Markus Exenberger, CEO of H2Global Foundation and Chairman of the Executive Board, provided inspirational insights on shaping the hydrogen economy in Japan.

Closing Presentation
Toru Yamamoto, Senior Managing Director, Daiwa Securities gave a very interesting presentation about how the audience/private sector plays a crucial role in decarbonization.

Thank you to all speakers and participants for making this event a success. We look forward to continuing our work together towards a sustainable future.
At the 2024 award IJGlobal awardshow Green Giraffe Advisory was honored with two prestigious awards: Geothermal Deal of the Year – Eavor Erdwaerme Geretsried…
At the 2024 award IJGlobal awardshow Green Giraffe Advisory was honored with two prestigious awards:
These recognitions are a reflection of the hard work, dedication, and innovation of our entire team.

Next to that we give a special congratulations to Svantje Schade for receiving the Rising Star of the Year award in recognition of her exceptional contributions throughout her career, and more particularly last year to Eavor’s award winning project, facilitating the financing of a truly ground-breaking project for the energy transition. Your commitment to excellence truly stands out!

See the full overview with winners here on the IJGlobal website.
A sincere thank you to the event organizers for hosting such a well-executed and meaningful gathering. We look forward to continuing to build on these achievements!
We are thrilled to announce that Green Giraffe Advisory has been awarded the inspiratia Energy Transition Award 2024 for Best Financial Adviser – Renewables!…
We are thrilled to announce that Green Giraffe Advisory has been awarded the inspiratia Energy Transition Award 2024 for Best Financial Adviser – Renewables!
During the same evening, we also won the Inspiratia Energy Transition Award in the Outstanding Offshore Deal category for our work on the Baltic Power project!

This recognition from our peers is the shining cherry on top of a massive cake of hard work, late nights, and relentless building of our network in the energy transition space that we know so well. We are so proud that we kept closing pioneering transactions all year round on geothermal, hydrogen, C&I, offshore wind, mining decarbonisation and floating, among others.
We extend our heartfelt gratitude to our incredible clients and dedicated colleagues for their trust and support. Together, we are driving the transition to a sustainable future. Here’s to many more milestones and achievements in the journey ahead!
Green Giraffe Advisory (“Green Giraffe”), organised a breakfast panel event on South Africa Energy. The title of the discussion was “Exploring the impact of…
Green Giraffe Advisory (“Green Giraffe”), organised a breakfast panel event on South Africa Energy. The title of the discussion was “Exploring the impact of the liberalisation of the electricity market on the financing of renewable energy projects in South Africa“. It took place on 7th March 2024 in Cape Town International Convention Center, South Africa.
This event was set up to highlight the successes and challenges facing the current market transition in the country, with a focus on some landmark deals, financing developments and market reforms that have shaped the recent trajectory of the energy sector.
This in-person seminar brought together IPP players, lenders, advisors and regulatory bodies in one room to have rigorous discussion on prevailing market dynamics and those playing a critical role in the energy transition. We had great discussions about this recent market development and how it has reshaped the dynamics of production and the sale of renewable energy, as well as the challenges and opportunities for the different stakeholders involved in those projects.
We had four speakers, all of them expert professionals in the industry:
The full scope of Green Giraffe services, including M&A, debt advisory, capital raising, development and tender support, financial modelling, PPA structuring and strategic support, will be offered across all renewable and energy transition technologies, including solar, onshore wind, offshore wind, energy storage, grid solutions, bioenergy, and green hydrogen.
Frederico Sanches, Head of the Cape Town office, says: “We are very pleased to have hosted market leaders to discuss the future of the energy market in South Africa”
Inès Pinot de Villechenon of Green Giraffe who organised the content session says: “This is exciting discussion as it presents opportunities for many involved in the South African electricity sector, and as Green Giraffe Advisory we are excited to think about where that can lead us all in the next 5 years, 10 years, and beyond. At Green Giraffe we are committed to providing our full range of services to support the green energy transition of Africa and South Africa in particular.”
The panel was also organised the day before the International Women’s Day and Green Giraffe was very happy to have four powerful, inspiring, and influential women panellists around the table, sharing as closing remarks their views on the role of woman in the industry.
Since its inception in 2010, Green Giraffe has worked on over 294 key energy transition projects in over 67 countries.
Green Giraffe Cape Town office is located at 7 Bree Street, c/o AfricaWorks, Green Angolensis in Cape Town
About Green Giraffe
Launched in 2010 and with offices in Boston, Cape Town, Hamburg, London, Madrid, Marseille, Paris, Singapore, Sydney, Tokyo, and Utrecht, Green Giraffe offers bespoke financial advice, market intelligence and development services in all renewable and energy transition technologies.
In October 2019, Green Giraffe established a strategic partnership with Daiwa Securities Group. Green Giraffe partners with Daiwa’s global corporate finance platform DC Advisory, and its market-leading Infrastructure franchise, to bring full service expertise for all clients.
For more information, please contact:
Kees van Oort
Email: k.vanoort@greengiraffegroup.com
Phone: +31 627158614
Green Giraffe Advisory (“Green Giraffe”), a leading financial advisor in the global renewable energy transition, has opened an office in the city of Marseille.…
Green Giraffe Advisory (“Green Giraffe”), a leading financial advisor in the global renewable energy transition, has opened an office in the city of Marseille. This second French office aims at actively supporting the local French renewable energy community and enable the acceleration of the French energy transition.
The Green Giraffe team in Marseille is led by Arthur Dussillol, who brings over 10 years’ experience and track record in renewable energy and investment banking. The wider Marseille team is composed of Clémence Duclos and Emilien Grimm who both joined Green Giraffe Advisory in 2019.
The new Marseille office will work closely with all existing Green Giraffe teams around the world and our Paris office in particular to support domestic, inbound and outbound investment.
The full scope of Green Giraffe services, including M&A, debt advisory, capital raising, development and tender support, financial modelling, PPA structuring and strategic support, will be offered across all renewable and energy transition technologies, including solar, onshore wind, offshore wind, energy storage, grid solutions, bioenergy, and hydrogen.
Arthur Dussillol, Head of the Marseille office, says: “We are very pleased to have established our local subsidiary in the south of France and to have opened the Marseille office. This enables us to provide our full range of services in the south of France supported by our global talent pool of industry professionals. Our goal is to bring and leverage our industry pioneering green energy knowledge and experiences to help France achieve its’ ambitious decarbonization goals in both the near term and long term. ”
Pierre Etienne, Managing Director in Green Giraffe Paris office says: “Green Giraffe has always had a number of important clients in the south of France. It is a core market for Green Giraffe and we are committed to providing our full range of services to support the green energy transition of France.”
With the opening of its Marseille office, Green Giraffe’s presence now spans across eleven locations; Boston (US), Cape Town (South Africa), Hamburg (Germany), London (UK), Madrid (Spain), Paris (France), Singapore, Sydney (Australia), Tokyo (Japan) and Utrecht (The Netherlands). Since its inception in 2010, Green Giraffe has worked on over 294 key energy transition projects in over 67 countries.
Green Giraffe Marseille office is located at 19 Quai de Rive Neuve, 13007 Marseille, France.
About Green Giraffe
Launched in 2010 and with offices in Boston, Cape Town, Hamburg, London, Madrid, Marseille, Paris, Singapore, Sydney, Tokyo, and Utrecht, Green Giraffe offers bespoke financial advice, market intelligence and development services in all renewable and energy transition technologies.
In October 2019, Green Giraffe established a strategic partnership with Daiwa Securities Group. Green Giraffe partners with Daiwa’s global corporate finance platform DC Advisory, and its market-leading Infrastructure franchise, to bring full service expertise for all clients.
For more information, please contact:
Kees van Oort
Email: k.vanoort@greengiraffegroup.com
Phone: +31 627158614
Green Giraffe Advisory (“Green Giraffe”), a global energy transition financial advisor, has advised the consortium of Mitsui & Co., Ltd. (“Mitsui”), RWE Offshore Wind…
Green Giraffe Advisory (“Green Giraffe”), a global energy transition financial advisor, has advised the consortium of Mitsui & Co., Ltd. (“Mitsui”), RWE Offshore Wind Japan Murakami-Tainai K.K. (“RWE”) and Osaka Gas Co., Ltd. (“Osaka Gas”) in their successful bid to deliver a commercial-scale offshore wind project off the coast of the cities of Murakami and Tainai, Niigata Prefecture, Japan.
The Japanese Government has appointed the consortium to develop, construct and operate a fixed-bottom offshore wind farm off the country’s west coast. This is in line with the country’s commitment to expanding offshore wind capacity as an integral part of its sustainable energy goal to become carbon neutral by 2050.
With a planned capacity of 684 MW, the project will make a significant contribution to the country’s renewable energy targets as well as its economic growth and environmental sustainability. The project will also foster local job creation and strengthen domestic as well as regional supply chains.
Green Giraffe’s team in Tokyo is comprised of experienced renewable energy and finance specialists. The project team was closely supported by Green Giraffe team members from APAC and European offices, combining local expertise with extensive international offshore wind knowledge.
Jun Kasamatsu, Country Head, Japan, Green Giraffe says: “We are honored to have supported the consortium of Mitsui, RWE and Osaka Gas and congratulate them for their achievement. This announcement by the Japanese Government is an exciting and mission critical step in the journey to decarbonise Japan’s electricity generation.”
Matthew Taylor, Director, Green Giraffe says: “Our goal is to bring and leverage our industry pioneering energy transition knowledge and experience to help Japan achieve its ambitious decarbonization goals in both the near term and long term. We are delighted to support world-leading sponsors in delivering projects in both Japan and the wider APAC region. Congratulations to Mitsui, RWE and Osaka Gas!”
About Green Giraffe
Launched in 2010 and with offices in Boston, Cape Town, Hamburg, London, Madrid, Paris, Singapore, Sydney, Tokyo, and Utrecht, Green Giraffe Advisory offers bespoke financial advice, market intelligence and development services in all renewable and energy transition technologies.
For more information, please contact:
Mr. Jun Kasamatsu – Country Head, Japan
Green Giraffe Advisory (“Green Giraffe”), a leading financial advisor in the global renewable energy transition, has opened an office in Tokyo to help accelerate…
Green Giraffe Advisory (“Green Giraffe”), a leading financial advisor in the global renewable energy transition, has opened an office in Tokyo to help accelerate the green energy transformation in Japan, the Asia Pacific region and globally.
The Green Giraffe team in Tokyo is led by Jun Kasamatsu, who brings over 20 years’ experience and track record in renewable energy and investment banking.
The new Tokyo office will work closely with all existing Green Giraffe teams around the world to support domestic, inbound and outbound investment. The Tokyo team will work closely with our partner Daiwa Securities Group Inc. (TSE:8601) including its global corporate finance platform, DC Advisory, across the broad Asia-Pacific region.
The full scope of Green Giraffe services, including M&A, debt advisory, capital raising, development and tender support, financial modelling, PPA structuring and strategic support, will be offered across all renewable and energy transition technologies, including solar, onshore wind, offshore wind, energy storage, grid solutions, bioenergy, and hydrogen.
Jun Kasamatsu, Head of Japan, Green Giraffe says: “We are very pleased to have established our local subsidiary and to have opened the Tokyo office. This enables us to provide our full range of services in Japan supported by an expert local team that is backed by our global talent pool of industry professionals. Our goal is to bring and leverage our industry pioneering green energy knowledge and experiences to help Japan achieve its’ ambitious decarbonization goals in both the near term and long term. ”
Matthew Taylor, Director of Green Giraffe Asia Pacific says: “Green Giraffe has historically been very close to Japan through its strategic partnership with Daiwa Securities Group and the many Japanese corporations that we have served. Japan is a core market for Green Giraffe and we are committed to providing our full range of services to support Japan’s green energy transition.”
With the opening of its Tokyo office, Green Giraffe’s presence now spans across ten locations; Boston (US), Cape Town (South Africa), Hamburg (Germany), London (UK), Madrid (Spain), Paris (France), Singapore, Sydney (Australia), and Utrecht (The Netherlands). Since its inception in 2010, Green Giraffe has worked on over 294 key energy transition projects in over 67 countries.
Green Giraffe Japan office is located at Toranomon Hills Business Tower 15F, 1-17-1 Toranomon, Minato-ku, Tokyo 105-6415, Japan.
About Green Giraffe
Launched in 2010 and with offices in Boston, Cape Town, Hamburg, London, Madrid, Paris, Singapore, Sydney, Tokyo, and Utrecht, Green Giraffe offers bespoke financial advice, market intelligence and development services in all renewable and energy transition technologies.
In October 2019, Green Giraffe established a strategic partnership with Daiwa Securities Group. Green Giraffe partners with Daiwa’s global corporate finance platform DC Advisory, and its market-leading Infrastructure franchise, to bring full service expertise for all clients.
For more information, please contact:
Kees van Oort
Email: k.vanoort@greengiraffegroup.com
Phone: +31 627158614
Global energy transition financial advisor Green Giraffe Advisory has advised the sponsors, Northland Power and ORLEN, on the EUR 4.4 bn non-recourse project financing…
Global energy transition financial advisor Green Giraffe Advisory has advised the sponsors, Northland Power and ORLEN, on the EUR 4.4 bn non-recourse project financing consisting of EUR 3.6 bn of term loan facilities and EUR 0.8 bn of ancillary facilities for the 1.14 GW Baltic Power offshore wind project.
The debt financing for Baltic Power, which was signed on Wednesday, 19 September, is being provided by 25 banks including the European Investment Bank (EIB), European Bank for Reconstruction and Development (EBRD) and the export credit agencies EDC (Export Development Canada), EIFO (Export and Investment Fund of Denmark) and Germany’s Euler Hermes as well international and local commercial banks.
The Baltic Power project is located in the Baltic Sea approximately 22 kilometers off the Polish coast and has obtained all environmental approvals and major construction permits. Once operational, which is estimated in the latter half of 2026, Baltic Power will be amongst the largest offshore wind projects globally. It is expected to provide clean energy to over 1.5 million Polish households and will play an important role in helping Poland achieve its target of up to 11 GW of offshore wind to be constructed by 2040.
Baltic Power is part of the first 5.9 GW round of offshore wind projects in Poland and obtained a grid connection and a 25-year fixed CfD offtake arrangement. The CfD offtake arrangement is Euro-pegged and includes an inflation indexation mechanism.
Green Giraffe Advisory acted in co-advisory with Pekao Investment Banking on the structuring and arrangement of the financing. The Sponsors were additionally supported by Hogan Lovells (legal).
Jakob Bergvelt, who led the deal team, said: “Reaching financial close on Baltic Power is a transformative moment for the offshore wind industry in Poland, and a major milestone in the drive to decarbonise Poland’s electricity generation. Securing the finance for a project of this scale is a huge credit to the track record and expertise of the sponsors, Northland Power and Orlen, as well as the Baltic Power project team, and underpins the attractiveness of Polish renewable assets. Set to be one of the largest offshore wind farms in the world, the international lending community has again demonstrated its strong appetite for offshore wind, and for good renewable energy projects. I am proud to have been part of the team – it has been a rewarding experience.”
Udo Schneider, Managing Director at Green Giraffe Advisory said: “Green Giraffe Advisory has supported the development of the Polish offshore wind industry since 2017, and offshore wind remains at the core of our mission. Over the years our team has raised more than EUR 28 billion of non-recourse debt for offshore wind projects and continually pushed the boundaries of the industry. The financing of Baltic Power offshore wind represents another pioneering transaction. Our team successfully navigated a range of challenges associated with financing such complex first of its kind project in new markets deploying new technology from a truly global lending group.”
About Green Giraffe
Launched in 2010 and with offices in Boston, Cape Town, Hamburg, London, Madrid, Paris, Singapore, Sydney and Utrecht, Green Giraffe offers bespoke financial advice, market intelligence and development services in all renewable and energy transition technologies.
The full scope of Green Giraffe services, including development equity, M&A, debt advisory, tender PPA and strategic support, will be offered across all renewable and energy transition technologies, including solar, onshore wind, offshore wind, storage and hydrogen.
Green Giraffe is delighted to announce that it acted as exclusive financial adviser to the shareholders of Flotation Energy (the Company) on the disposal…
Green Giraffe is delighted to announce that it acted as exclusive financial adviser to the shareholders of Flotation Energy (the Company) on the disposal of their shares in the Company
On 1 November 2022, TEPCO Renewable Power, Inc. (TEPCO RP), the renewables arm of Tokyo Electric Power Company Holdings, Inc. (TEPCO Holdings), Japan’s largest electricity company, entered into an exclusive agreement to acquire 100% of Flotation Energy.
Flotation Energy is a world leading offshore wind developer established by current Chief Executive, Lord Nicol Stephen and Chief Technical Officer, Allan MacAskill in 2018, on the back of the successful development of Kincardine, the world’s largest floating offshore wind farm to date.

The transaction is a major milestone both for Flotation Energy and TEPCO RP. The acquisition is TEPCO’s first major venture into offshore wind markets in the UK and overseas and follows an initial investment in the TetraSpar floating foundation demonstration project in Norway and Denmark in February 2021. TEPCO RP is a long-standing operator of renewable energy plants and by far the largest in Japan, where it operates over 9 GW of hydropower capacity. Flotation Energy will benefit from TEPCO RP’s experience and resources to deliver more than 12 GW of commercial scale fixed and floating offshore wind farms in the UK, Ireland, Australia, Taiwan and Japan, with plans to expand in many more key markets.
Green Giraffe delivered its full suite of sell-side M&A services to the shareholders of Flotation Energy, including providing strategic and financial structuring advice, preparing the marketing materials, conducting a detailed valuation exercise, sounding a comprehensive list of relevant investors, and negotiating the transaction documents. Green Giraffe’s in-depth knowledge of the offshore wind sector and unparalleled track record in floating offshore wind was supplemented by DC Advisory’s intimate access to Japanese investors and expertise in cross-border transactions.
Lord Nicol Stephen, CEO & Co-founder of Flotation Energy, said: “The Green Giraffe team were outstanding from the start to finish of this transaction. Flotation Energy could not have hoped for advisers with a better understanding of our business and the fast-growing global market in floating offshore wind. Their expertise was critical to the success of the deal.”
Flotation Energy is based in Edinburgh, Scotland, and has been a significant contributor to building a strong offshore wind industry in the UK and beyond. Flotation Energy has a growing project pipeline of offshore wind projects with more than 12 GW in the UK, Ireland, Taiwan, Japan and Australia, and plans to expand into many more key markets. The expertise of the Flotation Energy team lies in the project and engineering management of large infrastructure projects. Flotation Energy have developed their own projects but also recognise the benefits of collaboration and working in partnership with other developers to deliver proven, cost-effective solutions.
TEPCO Renewable Power (TEPCO RP) is a wholly owned subsidiary of Tokyo Electric Power Company Holdings, Inc. (“TEPCO Holdings “), the largest power company in Japan. In April 2020, TEPCO RP assumed TEPCO Holdings’ renewable energy generation business and became an independent company dedicated solely to renewable energy. For many years, TEPCO RP has used a firm business model that covers everything from the planning and construction to the operation & maintenance of hydroelectric and wind power generation facilities. The total capacity of the company’s hydroelectric, wind, and solar power facilities is approximately 9.9 GW. TEPCO RP also owns 30% of the TetraSpar floating foundation demonstration project in Norway and Denmark.
Green Giraffe is a specialist advisory firm focused on the energy transition. Launched in 2010 and with offices in Boston, Cape Town, Hamburg, London, Madrid, Paris, Singapore, Sydney and Utrecht, we offer bespoke financial advice, market intelligence and development services in all renewable and energy transition technologies. In October 2019, Green Giraffe entered a joint venture agreement with Daiwa Securities, whereby Daiwa took a 50% stake in the company. Green Giraffe retains its well-known brand in the energy transition market with DC Advisory (Daiwa’s M&A practice) and Green Giraffe working together to bring their complementary strengths and skills for all clients.
Do you want to know what was discussed during last month’s Green Hydrogen Breakfast in Hamburg?
Do you want to know what was discussed during last month’s Green Hydrogen Breakfast in Hamburg?
The WindEnergy Hamburg and H2Expo & Conference 2022 hosted over 30,000 visitors and Green Giraffe is pleased to have been one of the thousands of exhibitors. This year the conference also bought together many industry players interested in the important role of hydrogen in decarbonizing energy-intensive sectors.
Rooted in our strong renewable energy expertise Green Giraffe is actively contributing to growth in the green hydrogen value chain.
Green Giraffe alongside Eversheds Sutherland Energy hosted a Green Hydrogen Breakfast in Hamburg, capturing the momentum in the sector and conference. We connected with experts from across various disciplines in the hydrogen sector to discuss developments and challenges in this exciting new market. Hosted by Udo Schneider (Green Giraffe) and Jubilee Easo (Eversheds), our speakers Molly ILiffe (ERM Dophyn) and Jimmie Langham (cruh21) discussed the role of hydrogen in the energy transition, sharing views and insights from their perspectives and experiences. The discussion touched on key themes and trends notably challenges to scaling up the market, wind (especially offshore wind) and hydrogen being a natural combination, and technical considerations around transportation, storage and import of hydrogen.
By popular demand we have summarised this engaging discussion and share a presentation for the attendees and those who could not join us this time around. The presentation is now available.
Green Giraffe thanks all speakers and attendees for a fruitful event. We look forward to continuing the discussion on green hydrogen and working together to enable the energy transition.
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