Nakwol Blue Heart

364.8 MW Yeonggwang Nakwol Offshore Wind Project – Sinosure Covered Financing

Borrower(s)
Nakwol Blue Heart
Industry
Renewables/Offshore wind
Area of finance
Project & Infrastructure Finance
Region
Asia Pacific
Asia Pacific
Countries
Korea

Deal Overview

A RMB 2.2 billion ECA-backed receivables purchase facility has been arranged to support the 364.8MW Nakwol offshore wind project in South Korea. The project features 64 wind turbines, each with a capacity of 5.7MW. Construction commenced in early 2024, with full commercial operations expected by the...

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Deal Volume
$309.1m
Financial Close
12/11/2025
Dealmakers
Sources

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Project Deals

364.8 MW Yeonggwang Nakwol Offshore Wind Project
$1.65bn
Greenfield
Offshore wind
Asia Pacific
Asia Pacific
Korea