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Wpd AG has closed the syndicated financing of about TWD85.5 billion (US$2.8 billion) for its 640 MW Yunlin offshore wind project in Taiwan.
In May, the project secured TWD94 billion (US$2.97 billion) financial close from 19 banks and three export credit agencies. Taipei Fubon Commercial Bank, Credit Agricole Corporate and Investment Bank, Deutsche Bank, Mizuho Bank, Standard Chartered Bank, and Sumitomo Mitsui Banking Corporation, act as lead arrangers and underwriters for the syndication.
The offshore wind project is owned by Wdp and a consortium led by Sojitz Corporation. The consortium includes The Chugoku Electric Power Co Inc, Chudenko Corporation, Shikoku Electric Power Co Inc and JXTG Nippon Oil & Energy Corporation.
