HVG Law LLP has advised North Sea Port on its €200 mil­lion hybrid fin­an­cing

This transaction will enable North Sea Port to continue its ‘Connect 2025’ plan

Matter

The ‘Connect 2025’ plan is a strategy approved by North Sea Port’s shareholders in 2021 that will see the company play an important role in fields of employment and sustainability in its region. The plan includes specific ambitions to further develop the cross-border port area in the coming years. The plan also features a focus on economic development, employment, sustainability and the climate, and on ensuring a financially sound strategy.

North Sea Port is heavily involved in European climate policy in the port area of Zeeland and Flanders. Its responsibilities include preparing the ports for hydrogen and the circular use of CO2, and offering shore power for inland shipping. Building sustainable infrastructure such as this requires significant investment.

The HVG Law team included senior manager Dennis Winkel and partner Gijs van de Wouw.

Click here to read the interview Dennis Winkel has given to Lawyer Monthly about some further insight into this transaction.