wpd Successfully Closes Syndication for Taiwanese Offshore Wind Farm

Wind Industry Profile of

wpd group confirms closing of the syndication for its NT$ 85.5 bn (€ 2.5 bn) Yunlin offshore wind financing in Taiwan.

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. Bjoern Nullmeyer, CFO of wpd AG, commented as follows: “wpd is very happy about the successful closing of the syndication on time which reflects increasing interest by Taiwanese banks. Both private and state-owned banks are participating as new lenders. Besides this, a growing number of unfunded risk participants are supporting project finance for offshore wind farms.” The initially mandated lead... ... More: Official Press Release wpd

Keywords:

wpd, syndication, Taiwan, offshore, wind farm, financing, investment