Ørsted has signed a sustainability-linked recurring loan agreement for its offshore wind farms in Taiwan worth NTD 25bn, equivalent to EUR 719mm, Ørsted Taiwan announces in an announcement dated Wednesday, August 30.

The loan facility has been arranged with a consortium of financial institutions, including nine state-owned banks.

”The financing signifies more than just numbers. It reflects our commitment to sustainability. We’re delighted to see strong support shown from the banking community in Taiwan with the participation in this transaction of 15 banks, including state-owned institutions,” says Kasper Kiim Jensen, Vice President of Treasury & Capital Planning at Ørsted.

(Translated using DeepL with additional editing by Simon Øst Vejbæk)