We were approached in 2019 to provide senior debt facilities and hedging for the construction of Neart na Gaoithe (NNG), EDF’s latest offshore wind farm project, now co-owned with ESB Energy.
Found 15km into the Firth of Forth, NNG holds the rights and licenses to develop, build and operate the 448MW centre.
When fully operational, NNG will power around 375,000 homes and displace c.400k tonnes of CO2 annually, as well as contributing to Scotland’s GDP over the project’s lifetime.
This transaction demonstrates our leadership in this rapidly growing sector and showcases our commitment to Sustainable Finance.