Ørsted has secured nominal TWD 12 billion through the issuance of green senior bonds, to finance its investments in offshore wind in Taiwan.
This transaction marks the first ever green TWD bond to be issued by a foreign corporation in Taiwan. The bonds will be issued in accordance with Ørsted’s Green Finance Framework.
Ørsted CFO Marianne Wiinholt, says: “We are very pleased with the completion of this historic transaction which is an important step in the financing of the Changhua 1 & 2a project. We are proud to help develop the local financial market with respect to green financing and this underlines our commitment to Ørsted’s activities in Taiwan.”
Matthias Bausenwein, Ørsted Asia Pacific President, says: “The green bond issuance today demonstrates our ambition to build strong ties with local financial institutions and to create an active green bond market to support the long-term development of the offshore wind industry in Taiwan.”