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Green Giraffe advised Japan Renewable Energy (JRE) in the sale of a partial equity stake in its Saikai Enoshima Offshore Wind Power Project (Project) to the German renewables developer wpd. Green Giraffe acted as sole financial advisor to JRE in the sale.
JRE aims to construct and operate an offshore wind farm with a maximum output capacity of 299.5 MW in the offshore Enoshima in Saikai city, Nagasaki prefecture, Japan. The Project area is currently designated as Promising Zone (Yubou na Kuiki) by the Japanese government.