Taiwanese offshore wind projects secure major credit guarantees

A string of banks and six export credit institutions, including the Danish Export Credit Agency (EKF), now put their weight behind CIP's two offshore wind farms in Taiwan's waters with a guarantee worth DKK 2.5 billion.

by MAZ PLECHINGER

Friday last week, Copenhagen Infrastructure Partners received the signature of the final lender backing offshore wind projects Changfang and Xidao in Taiwanese waters. A total of 25 local and international banks and other financial institutions underwrote the investment with approximately USD 3 billion – a sum also backed by the Danish Export Credit Agency (EKF).

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