AMWatch

CIP secures financing for Taiwanese offshore wind farm

With the support of 20 banks, the Danish infrastructure fund manager and its partner, China Steel Corporation, have secured credit of USD 1.6bn to fund development of the Zhong Neng wind farm.

Photo: MHI Vestas

Alongside project partner China Steel Corporation (CSC), Copenhagen Infrastructure Partners has signed a credit agreement with 20 banks in support of developing Taiwanese offshore wind project Zhong Neng.

"CIP is very pleased to have reached this important project milestone in close collaboration and partnership with our joint venture partner, CSC. We are excited about shortly entering the construction phase of Zhong Neng which will, once commercial operation starts, provide clean energy to approximately 300,000 households in Taiwan," writes CIP Partner Michael Hannibal in a press statement:

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Titanbay fuels growth with new partnerships as competition heats up

The platform for private market funds has got fresh capital and new partners onboard, as the competition between companies trying to bridge the gap between private market funds and investors with limited access intensifies. The CEO of Titanbay tells AMWatch how the new partnerships will help the business to prosper.

Further reading

Related articles

Latest news

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch