wpd's Taiwan Offshore Project Nears Financing Finish Line

Wind Industry Profile of

Funding for wpd’s Yunlin project is close to completion and the group of investors and banks will be finalised in a few weeks. The two processes of equity and debt financing run in parallel with the result that the funding package for Yunlin will be completed by the end of the year.

“As with all our previous projects, for Yunlin, too, we are able to rely on strong, well-known partners as investors who this time can take a maximum stake of 49 percent in this project”, says Achim Berge Olsen, member of the Management Board of wpd AG. “Although we have discovered that there is great interest with regard to capital, not least from the Asian region, and we are several times oversubscribed, we will remain the majority shareholder with over 50 percent equity, and we... ... More: Official Press Release wpd

Keywords:

wpd, Taiwan, project, offshore, Yunlin, financing, investor, bank