Perspective
31 October 2019
Formosa 2: Turbine-charge or trickle-charge for Taiwan offshore?
In:
Renewables
Region:
Asia-Pacific
With the sponsors of the Formosa 2 offshore wind project having reached financial close on a heavily ECA-backed project financing, confidence in the bankability of Taiwan's developing offshore wind market should be back on the up. But there are still reservations about availability of local liquidity for future deals and whether the predicted deal pipeline will deliver given the potential re-licensing of nuclear.
