Chenya Energy Co Ltd has secured about TWD7.2 billion (US$239.3 million) financing for the development of a 180 MW floating solar project in the Changhua Coastal Industrial Park.
The fund was secured from a consortium of seven international and local lenders that includes Singapore’s DBS Bank, Japan’s Sumitomo Mitsui Banking Corp, and France’s Societe Generale.
The project is expected to be operational by the end of 2020.
Country updates
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April 22, 2020
I Squared Capital completes sale Chenya Energy to Marubeni Corporation
I Squared Capital, through its ISQ Global Infrastructure Fund I, has completed the sale of Chenya Energy to Marubeni Corporation. Chenya Energy is a dedicated solar development, construction, and ope...
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April 21, 2020
EGCO Group closes acquisition of 25% stake in 640 MW Yunlin offshore wind farm project
Electricity Generating Public Company Limited (EGCO Group) has completed the acquisition transaction of a 25% ownership interest in Yunlin Holding GmbH which owns the 640 MW Yunlin offshore wind farm...
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April 20, 2020
Ørsted signs 15-year vessel contract for the Greater Changhua 1 an 2 offshore wind project
Ørsted has announced the signing of a 15-year vessel contract with Ta San Shang Marine Co. Ltd., a joint venture of Ta Tong Marine Group (TTM) and Mitsui O.S.K. Lines (MOL), chartering the ship...
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April 17, 2020
Deutsche Bank closes TWD90bn financing for the Changfang and Xidao offshore wind projects
Deutsche Bank has closed a deal contingent interest rate swap on TWD90 billion (US$2.98 billion) for the financing of the Changfang and Xidao offshore wind project off the coast of Chan...
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April 13, 2020
JDR completes cable load-out for Changhua Offshore Wind Project
JDR Cable Systems (JDR), the leading supplier of subsea umbilicals and power cables to the offshore energy industry, owned by the TFKable Group, has completed the delivery of subsea power cables and a...
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