The Taza wind project in Northern Morocco is a collaborative effort between EDF Renewables and Mitsui & Co. to establish an 87 MW wind farm, supported by a EUR 110 million debt package for sustainable energy growth.

Target Information

The Taza wind farm, a significant renewable energy project, is located in Northern Morocco. This 87 MW onshore wind project is a collaboration between EDF Renewables and Mitsui & Co., aimed at harnessing local wind resources to produce clean energy. With the Office National de l’Electricité et de l’Eau Potable (ONEE) serving as the off-taker, the project is positioned as a crucial element in Morocco's efforts to boost renewable energy capacity.

Green Giraffe has been the sole financial advisor since 2017, facilitating the project’s development through various financing phases and ensuring compliance with all contractual and documentation requirements. The project has secured a EUR 110 million senior debt package supported by a consortium of Japanese multilateral agencies and commercial banks, establishing a strong financial foundation for the project.

Industry Overview

Morocco has made significant strides in expanding its renewable energy sector, particularly in wind and solar energy, as part of its commitment to meet the increasing energy needs sustainably. The Moroccan