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Clifford Chance advises the lenders to North Star on financing of renewables SOV fleet

International law firm Clifford Chance advised the lenders on a GBP 140 million financing package for North Star, to support the next phase of North Star’s ambitious offshore wind growth plan as it looks to broaden its position as the UK’s leading service operations vessel (SOV) operator and seize new opportunities in Europe.
North Star, owned by Partners Group, currently manage and operate 42 offshore support vessels providing critical safety services to over 50 UK Continental Shelf installations 24hrs a day, all year round.
The Clifford Chance Global Financial Markets team advising on the financing was led by partners Julia House and Matt Dunn, with the assistance of Lucinda Hamilton (director of infrastructure finance), senior associates Katherine Sinclair and Tina Xu and associates Natalie Bennett, Ken Li and Alexandra Martin

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