Skip to main content

White & Case has advised the main sponsor of the $3 billion project financing of the Changfang and Xidao offshore wind projects in Taiwan, with Watson Farley & Williams and Linklaters counselling the lenders.

This is said to be the largest debt package for Taiwan’s offshore wind market. The Changfang and Xidao projects are majority-owned by Copenhagen Infrastructure Partners (CIP) while a minority stake is owned by Taiwan’s life insurance companies.

According to Reuters, the projects will have a total joint installed capacity of approximately 600 MW on completion, comprising a total of 62 turbines.

The White & Case team advising CIP was led by partners Brendan Quinn, Fergus Smith, and Andrew Clark.

Watson Farley & Williams, led by partners Evan Stergoulis, Daisy East, Jon Thursby, and Rob McBride, acted for a syndicate of international and Taiwanese banks, life insurance companies and cover providers.

Meanwhile, Nippon Export and Investment Insurance (NEXI) and Korea Trade Insurance Corporation (K-Sure) turned to Linklaters partners John Maxwell, James McLaren, and Joo Hee Lee for advice.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com. 

Related Articles

N&A, S&C, TMI advise as Japan's Nidec makes $1.6 bln bid for Makino Milling

TMI Associates, Freshfields and Davis Polk & Wardwell have represented Japanese manufacturing giant Nidec on its 257-billion-yen ($1.6 billion) bid for Makino Milling Machine, which turned to Nishimura & Asahi and Sullivan & Cromwell for advice.

N&A, MHM, Skadden, STB guide JX Advanced Metal’s $3 bln Japan IPO

by Nimitt Dixit |

Nishimura & Asahi and Skadden Arps Slate Meagher & Flom are advising JX Advanced Metals on its upcoming 460-billion-yen ($3 billion) initial public offering, the largest listing in Japan since SoftBank Corp’s $23.5 billion IPO in 2018.

Trilegal, Touchstone, CAM act on Carlyle’s $400 mln entry into India auto-components space

by Nimitt Dixit |

Trilegal has advised global private equity firm Carlyle on its acquisition of majority stakes in Highway Industries (HIL) and Roop Automotives for $400 million, marking its entry into India's auto components sector through a new manufacturing platform.