Perspective
25 November 2021
Changhua 1: Taiwan's offshore wind mirrors European holdco finance
In:
Renewables
Region:
Asia-Pacific
The approximately NT$75 billion ($2.67 billion) non-recourse multi-tranche holdco financing backing the acquisition of CDPQ and Cathay Private Equity’s 50% interest in Orsted’s Changhua 1 offshore wind project marks the first use of Orsted's farm-down strategy in Asia Pacific.
