wpd in Final Talks to Build Offshore Wind Projects in Taiwan

Wind Industry Profile of

The wpd group is pushing forward its offshore plans in Taiwan. Having already started the procurement process for its offshore wind projects Guanyin (360 MW) and Yunlin (700 MW) in 2017, the financing process has now kicked off with the appointment of Sumitomo Mitsui Banking Corporation (SMBC) as their financial advisor.

Talks with international and especially local banks to be involved in the financing have been started as well, and the plan is to have financial close by the end of 2018. wpd intends to commission the Guanyin and Yunlin projects in 2020 under the so-called “Fast Track” of phase 2 of the governmental legislative framework to promote offshore wind energy – part of the governmental offshore wind goal of 5.5 GW to be realized by 2025.... ... More: Official Press Release wpd

Keywords:

wpd, Taiwan, offshore, financing, advisor