INTERVIEW: HSBC boss talks wind project financingFinancing plays a key role in offshore wind projects, but it also takes more consideration and knowledge than regular green loans. HSBC Taiwan Ltd chief executive officer Adam Chen poses for a photograph during an interview in Taipei on July 10. While one offshore wind developer sought corporate loans, with its parent company willing to guarantee the lending, not all offshore wind developers are willing to follow the same path. As there are a lot of issues to negotiate among all parties and banks, settlement on project financing for offshore wind project takes from 13 to 18 months on average. I personally have an upbeat outlook for financing offshore wind projects, as once the wind farms become operational, investors will feel more confident and commit more.

Source: Taipei Times July 26, 2020 15:56 UTC