Infrastructure investor Natixis and insurance outfit Swiss Life have signed an debt cooperation agreement with €300m already committed and an offshore wind project ready to roll.

The partners said the wider deal will “benefit from the expertise of Swiss Life Asset Managers and Natixis in this asset class”.

They added initial co-finance of the unnamed offshore wind project “has already been set up”, and that this partnership will “enable Natixis to further expand its infrastructure debt platform, and hence bolster its infrastructure financing capacities in Europe, serving its clients”.

Natixis is the international corporate, investment, insurance and financial services arm of Groupe BPCE, the second-largest banking group in France. Swiss Life has been involved in insurance for 150 years.