EnergyWatch

Taiwanese offshore wind farm nears realization

A German project developer has secured finances for a forthcoming offshore wind project that will consist of 80 Siemens Gamesa wind turbines.

Photo: Siemens Gamesa, PR

Wpd has sold 27 percent of the 640 MW offshore wind project Yunlin to a Japanese consortium led by Sojitz Corporation and including Chugoku Electric Power, Shikoku Electric Power and JXTG Nippon Oil & Energy. This transaction brings the final financial decision to begin installation one step closer to realization, Wpd informs in a press statement.

"With the acquisition of the consortium around Sojitz as a co-investor, we could achieve another important milestone for the project securing the equity financing of the so far largest offshore wind farm in Taiwan," writes Wpd AG Head of M&A Helge Rau.

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