September 18, 2019

HUSUM Wind 2019 – Positive Summary for North Channel Bank

Good, promising discussions at a well-attended exhibition – this is the conclusion of North Channel Bank after HUSUM Wind 2019. As in the previous year at WindEnergy, Hamburg, the bank was the exhibition partner of greenmatch AG. In cooperation with the financial structuring company from Switzerland, the bank covers the entire range of financing options, from financing in the early stages to long-term financing and the acquisition of investors. “The positive and productive discussions at HUSUM Wind this year show us that we are on the right track with our individual financing offers in the renewable energy sector,” says Harald Zenke, Managing Director of North Channel Bank. “Our partnership with greenmatch and the resulting opportunities were also very well received by our contacts during the exhibition”.  

HUSUM Wind 2019

HUSUM Wind is one of the most important exhibitions in the wind industry. Around 600 exhibitors from 25 countries were represented at this four-day event from September 10th to 13th, reflecting the cutting-edge technology and innovative capability of the market. At the well-visited exhibition, 18,000 visitors discussed current topics from politics and technology, technical innovations and products, as well as the termination of EEG funding for the first wind turbines in 2020.

North Channel Bank GmbH & Co. KG was founded in 1924 as the privately owned bank Bankhaus Oswald Kruber, located in Berlin. In 2009, a group of North American investors with expertise in the US Life Settlement sector acquired the bank and renamed it North Channel Bank. In the following years the bank developed into one of the leading institutes in US Life Settlement financing. 2013 with the acquisition of its affiliate NorthStar Life Services, LLC, Irvine, California the bank gained direct access to and influence on a reliable, experienced, and renowned service provider. Today, in addition to financing, the bank also offers investments in US Life Settlements. In the structured finance division the bank focuses in particular on financing in the renewable energies sector, (especially equity interim financing), capital goods financing, and acquisition finance.