Natural Power have acted as technical advisor to a consortium of Japanese investors led by Sojitz Corporation (Sojitz) for the agreement of an equity position with international wind farm developer wpd on the Yunlin Offshore Wind Park.
The transaction will see Sojitz and its consortium participate as a co-owner in the project right through construction and into operations for the 640MW offshore wind farm in Taiwan. The project will sell power to Taiwan Power Company over a 20-year term with a feed-in tariff scheme under Taiwan’s Renewable Energy Development Act.