Green Giraffe was mandated as lead international financial advisor alongside Cathay United Bank as local financial advisor for the Hai Long 2 & 3 offshore wind projects in Taiwan to support their participation in the allocation round as well as establish a financing strategy and perform a bank market sounding
Located in the Taiwan Strait, the projects could reach around 1 GW and are owned by Yushan Energy (40%) and Northland Power (60%). The projects successfully passed the EIA (environmental impact assessment) in 2017 and participated in the first round of tariff allocation of ~195 USD/MWh in early 2018. Hai Long 2 was granted a tariff and grid connection for a capacity of 300 MW on 30 April 2018.
