Financial Close for Taiwanese Yunlin Offshore Wind Farm

Wind Industry Profile of

The 640 MW Yunlin offshore wind farm project, the largest offshore wind transaction financed in Asia Pacific and the first large multi megawatt offshore wind project in Taiwan, reached financial close on May 30th 2019.

The Yunlin project will be built eight kilometers off the Taiwanese west coast and will consist of 80 turbines of the 8MW class provided by Siemens Gamesa. Project completion is scheduled in December 2021. wpd AG (“wpd”) developed the project for several years and received the tariff award by the Taiwanese Government in April 2018. The Yunlin project is 73% owned by wpd and 27% owned by a Sojitz Corp led consortium. Apart from Sojitz, other members of the Sojitz consortium include: The Chugoku Electric Power Co. Inc., Chudenko Corporation,... ... More: Official Press Release wpd

Keywords:

wpd, Yunlin, Taiwan, offshore, wind farm, financial close, finances, turbine, financing group