The Yunlin offshore wind project NT$94 billion loan facility has won the "Renewable Deal of the Year" award for Asia-Pacific from PFI and the "Best Syndicated Loan" award for Taiwan from The Asset (Triple A country awards). The loan was the largest non-recourse financing deal in Taiwan comprising a diversified lending group.
The 640 MW Yunlin project is the largest offshore wind farm in Asia-Pacific to reach financial close to date. Located eight kilometers off the coast of Yunlin County in western Taiwan, it comprises 80 8 MW turbines and is being developed by the German wind farm operator and developer, WPD, in two phases, with the first phase scheduled to be commissioned by 2020 and the second phase in 2021.
Natixis acted as Mandated Lead Arranger.