TGS | Powered by 4C Offshore

4C is now TGS

We are excited to announce a significant milestone in 4C Offshore's journey. Our integration into the TGS family marks the beginning of a new era in offshore wind market intelligence.

Learn what this means for you!

Deutsche Bucht refinancing advised by Green Giraffe

4C Offshore | Tom Russell
By: Tom Russell 04/06/2021 Green Giraffe

Green Giraffe has advised
Deutsche Bucht on the refinancing of the 252MW offshore wind project, located in the German North Sea. The transaction closed on 26 March 2021, with the sponsors arranging a €886 million senior debt refinancing package.

Green Giraffe was previously involved in the development, sale and original financing of Deutsche Bucht in 2017, and has been supporting the project during construction.

Deutsche Bucht is 100% owned by Northland Power and produces an annual output to meet the demands 300,000 German households annually while saving nearly 700,000 tons of CO2 emissions per year.  It is located over 100 kilometres from the German mainland, approximately 95 kilometres North-West of the island of Borkum. The array consists of 31 MHI Vestas V164-8.0 MW turbines installed on monopile foundations. The turbines were generating power by the end of September 2019.

For more information on wind farm developments, click here. Alternatively, click here for our interactive map of offshore wind farms, infrastructure and ports.


4C Offshore Premium, our most popular subscription, gives you full access to use the 4C Offshore WebApp which includes exclusive offshore wind, transmission and vessel reports, news and downloads.

Request a 30 minute Demo

Trending News!