Green Giraffe provided buy-side advisory services, including review of project documents, permits, financial modelling and bid structuring support in relation to the proposed acquisition of Formosa 2 and Formosa 3 in Taiwan.
The construction of Formosa 2, a 376 MW offshore wind project started in late 2019. Formosa 3 consists of three sites with potential capacity of 2,000 MW and will participate in the next Taiwanese offshore wind auction.