A financial close on the Changhua 2 offshore wind power project has been reached by Ørsted. According to the developer, a financing package worth TWD90bn (approximately US$2.8bn) has been arranged with 25 banks and five export credit agencies.
The package is related to both sites comprising Changhua 2: 2a, already operational, and 2b, now under construction and expected to come online later this year.
Once fully operational, the facility as a whole will reach a total generation capacity of 632MW.
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