Changhua 1: Repeating the partnership model

In:

Renewables

Region:

Asia-Pacific

Max Thompson

Managing Editor

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The approximately NT$75 billion ($2.67 billion) non-recourse multi-tranche holdco financing backing the acquisition of CDPQ and Cathay Private Equity’s 50% interest in Orsted’s Changhua 1 offshore wind project marks the first use of Orsted's farm-down strategy in Asia Pacific.