Linklaters advise lenders of Formosa 1: the first offshore wind farm project in Taiwan
Linklaters advise the common lenders and EKF, Denmark’s Export Credit Agency, on the NT$18.7bn project financing
Financing involved a consortium of eleven international and local Taiwanese banks providing 16 year project financing together with a guarantee provided by EKF.
First project financing in the Taiwanese offshore wind industry and expected to provide the financing template for the large number of offshore wind projects slated for development over the next few years.