Natixis’ Ranjan Moulik on how Veja Mate scored a German hat-trick

Ranjan Moulik, Natixis’ Global Head of Power, teams up with Green Giraffe’s Matthew Taylor in a case-study for PFI‘s EMEA issue. Writing on the financial close of 400MW Veja Mate Offshore Wind Farm, which represented the third German offshore wind farm to achieve financial close since the introduction of the Eeg Law and also the second large scale debt financed project to start construction in the German Bight in the last 4 months, Moulik talks about the complexity of the financial structure to meet the set deadline. However, despite the venture representing the first offshore wind construction for Highland, the deal closed only 10 months after Highland Group Holdings (Highland) acquired the project, with Natixis acting as MLA, Documentation Bank, Bookrunner & Hedge Execution (7)

To read the case-study, please click here

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