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.
Country updates
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November 13, 2019
UKEF providing support to offshore wind farm in Taiwan
UK Export Finance (UKEF), the UK’s export credit agency, has announced its support for UK businesses supplying a large-scale wind farm off the coast of Taiwan. UKEF will provide TWD 9.2 billion...
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November 13, 2019
Siemens Gamesa signs preferred turbine supplier agreement for Hai Long 2a offshore wind project in Changhua County
Siemens Gamesa Renewable Energy (SGRE) and Hai Long Offshore Wind (Hai Long) have signed a preferred supplier agreement for the delivery and servicing of turbines on the 300 MW Hai Long 2a project, pa...
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November 11, 2019
Ørsted issues TWD12bn green bond for the Greater Changhua 1 and 2 offshore wind farm
Ørsted has secured TWD12 billion (US$394.59 million) through the issuance of green senior bonds, to finance its investments in offshore wind in Taiwan. The bonds will be issued in accordance wi...
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November 11, 2019
CSBC-DEME Wind Engineering (CDWE) signs contracts for the Zhong Neng offshore wind farm in Taiwan
Taiwan based CSBC-DEME Wind Engineering (CDWE) and the Zhong Neng Wind Power Corporation Preparatory Office have signed two contracts for the Zhong Neng offshore wind farm project. The contracts inc...
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November 07, 2019
Boskalis, Hwa Chi to transport and install foundation for Changfang and Xidao wind farm off the coast of Changhua County
Royal Boskalis Westminster N.V. together with Taiwanese partner Hwa Chi Construction Co. Ltd. have been awarded the foundation scope for the Taiwanese Changfang and Xidao offshore wind farm (CFXD OWF)...
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