2020-05-27
http://w3.windfair.us/wind-energy/news/33795-cip-financing-offshore-wind-farm-taiwan-changfang-xidao-financial-close-investment-funds-management-construction-project

CIP Reaches Financial Close on Offshore Wind Farms in Taiwan

Image: PixabayImage: Pixabay
The 589 MW offshore wind farm will be financed through a combination of equity and senior loans from a consortium of 25 international and Taiwan banks and financial institutions

Official Press Release CIP:

CIP reaches financial close on 589 MW offshore wind project

Wind Industry Profile of
CIP reaches financial close on 589 MW offshore wind project

Copenhagen Infrastructure Partners (CIP) has through its funds Copenhagen Infrastructure II (CI II) and Copenhagen Infrastructure III (CI III) reached financial close on the 589 MW offshore wind project Changfang and Xidao off the coast of Changhua County, Taiwan.

CIP has reached financial close and start of construction of the Changfang and Xidao project. The project has contracted experienced international and local contractors under 8 key construction agreements. The project received approval of its local content plan in December 2019 by the Taiwan government and is the offshore wind project with the highest localization percentage in the Asia Pacific region. The Changfang and Xidao project will localize the jacket foundation, pin piles, onshore sub station, transport and... ... More: Official Press Release CIP

Keywords:
CIP, financing, offshore, wind farm, Taiwan, Changfang, Xidao, financial close, investment, funds management, construction, project







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