The owners of the 402MW Veja Mate offshore wind farm in the German North Sea have completed restructuring of debt for the project totalling €1.277bn.
Veja Mate is owned by Highland Group Holdings, Siemens Financial Services and a fund managed by Copenhagen Infrastructure Partners.
Green Giraffe and FIH Partners were financial advisors on the restructuring.
The project features 67 Siemens Gamesa turbines and was completed in February.
Image: Veja Mate Offshore Project GmbH
Veja Mate rejigs debt
By EBS