Ørsted signs major credit facility in Taiwan

The utility enters credit agreements with 15 Taiwanese banks for EUR 713 million.

Photo: /Ritzau Scanpix/Mads Claus Rasmussen/

Danish utility Ørsted has entered a green credit agreement with 15 banks in Taiwan for TWD 25 billion (EUR 713 million). The five-year credit facility is part of the financing for project Greater Changhua, the rights to which the utility won in April of last year, according to Ørsted.

At the time, the company informed that it would invest its own capital in the project but was also planning to take out credit facilities and issue bonds in Taiwan to fund the project.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

New developer has 11GW offshore wind ready from inception

Profiles from European Energy, Ørsted and Centrica team up to found a new company aiming to develop solar, onshore wind, offshore wind and do power trading. Theres a hole in the market for us right now — in five years it will be closed, says director.

CIP hires Dutch profile

Current CFO at TenneT Otto Jager will join CIP as partner, with a primary focus on flagship funds.

Further reading

Related articles

Latest News

See all jobs