Back to News

North Sea Midstream Partners Refinancing

Model Audit

12th November 2020

DWPF provided model audit advice to North Sea Midstream Partners (NSMP), which is owned by Wren House Infrastructure and institutional investors, on the raising of debt to refinance existing loans and fund expansion.

 

NSMP, which operates pipelines connecting gas fields in the North Sea to processing plants on the UK’s northeast coast, has raised a debt package which includes “drawn and undrawn term facilities together with a revolving credit facility” to refinance its existing debt.