Aviva Investors has widened its debt offering within the renewables sector by taking part in a €1.5bn amended financing of the Merkur offshore wind farm.

Aviva Investors said it has joined a group of lenders to finance the offshore German wind scheme. The asset manager’s participation is fixed rate and matures in 2035.

The facility has a capacity of 396MW and construction is at an advanced stage, with completion due in March 2019.

As previously reported, the project is supported by Partners Group as the largest shareholder in a group of investors including contractor-related entities DEME Concessions Wind and GE Energy Financial Services. InfraRed Capital Partners and the French state’s L’Agence de l’environnement et de la maîtrise de l’énergie are also part of the group.

Darryl Murphy, the head of infrastructure debt at Aviva Investors, said: “We are delighted to have participated in the Merkur financing. This is a unique investment opportunity due to the tariff regime and also boosts our presence in the European renewables market.

“We have a strong appetite for future investments within the renewables sector, seeking opportunities that meet our clients’ investment requirements.”