Brief: Taiwan's First Offshore Wind Farm Reaches Financial Close
08/06/2018 06:00
June 8 (Reuters) -
* ORSTED SAYS FINANCIAL CLOSE ACHIEVED FOR TAIWAN'S FORMOSA
1
OFFSHORE WIND FARM
* ORSTED SAYS A FINANCIAL CONSORTIUM OF ELEVEN INTERNATIONAL
AND
LOCAL TAIWANESE BANKS AS WELL AS EKF DENMARK'S EXPORT CREDIT
AGENCY HAS COMPLETED NT$18.7BN 16-YEAR PROJECT FINANCING
* IT IS THE FIRST PROJECT FINANCING IN THE TAIWANESE
OFFSHORE WIND
INDUSTRY
* FORMOSA 1 IS A JOINT VENTURE BETWEEN ØRSTED (35%
OWNERSHIP),
TAIWANESE DEVELOPER SWANCOR RENEWABLE (15%), AND MACQUARIE
CAPITAL (50%)
Further company coverage: ORSTED.CO
(Reporting by Stine Jacobsen)
((stine.jacobsen@thomsonreuters.com;))