North Star secures $370m to fuel offshore wind fleet growth

AI Summary

UK-based offshore vessel operator North Star secured $370 million in new debt financing to expand its offshore wind fleet across the UK and Europe. The financing includes participation from several new lenders and improves overall funding terms.

UK-based offshore vessel operator North Star has lined up £275m ($370m) of new debt financing to back the next phase of expansion in its offshore wind fleet across the UK and Europe. The package adds to existing commitments, widens the lender group, and improves overall financing terms. New participants in the lending syndicate include Rabobank, …