A consortium of Northland Power, Mitsui, and Yushan Energy has appointed K2 Management as Lender's Technical, Environmental and Social Advisor on Taiwan's Hai Long offshore wind farm.
The contract's scope will see K2 Management advise lenders on permitting and environmental, technical design (civil, electrical, turbine, grid connection), project participants, construction management and associated contracts, schedule and weather risk, O&M strategy and contracts, technical aspects of the financial model and a review of risk management and contingency sizing. The proposed 1,044 MW offshore project, to be developed 50km off the coast of Changhua county, will be developed in three stages, with construction expected to begin in 2023 and commissioning in 2025.
