Copenhagen Infrastructure Partners (CIP) has secured TWD$103 billion ($3.1 billion) in project financing for its 495MW Fengmiao 1 offshore wind farm, making it the first project from Taiwan’s Round 3 offshore wind tender to reach financial close. The funding, arranged through CIP’s CI V fund, involves 27 international and Taiwanese banks, with partial guarantees from four export credit agencies and Taiwan’s National Credit Guarantee Administration.
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Source: Recharge News
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