Talanx Finances Second Offshore Wind Farm

Talanx acts as lead manager to a group of institutional investors to coordinate the financing of a ten-year bond / Total of EUR 832 million in debt financing / Total capacity of Borkum Riffgrund 2 ensures power for around 460,000 German households

Acting as lead manager for a double-digit group of institutional investors ranging from six countries across Europe, Talanx has coordinated EUR 832 million of senior bond financing to the Borkum Riffgrund 2 offshore wind farm. The debt enabled Global Infrastructure Partners (GIP) to acquire a 50 percent share in the wind farm owned by Danish energy supplier Ørsted (formerly DONG Energy) with a transaction value amounting to EUR 1,170 million. The bond has a term of approximately ten years. After successfully financing the Gode... ... More: Official Press Release Talanx

Keywords:

Talanx, offshore, Riffgrund 2