Firms chart course on USD1.96bn Taiwan wind farm refinancing

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Clifford Chance, Tsar & Tsai Law Firm, Lee and Li and Linklaters advised on completion of NTD58.9 billion (USD1.96 billion) refinancing for the Formosa 2 offshore wind farm, located off the coast of Miaoli county in northwestern Taiwan.

This landmark transaction — the first offshore wind refinancing in both Taiwan and the Asia-Pacific region — was achieved in around four months from official launch to financial close, Formosa 2 said in a LinkedIn post.

Formosa 2 is under the management of a joint venture…

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