Great milestone achieved as the Zhong Neng Project in Taiwan reaches Financial Close

12.09.2021

Zhong Neng Project in Taiwan reaches Financial Close. PEAK Wind has been supporting the project since 2017.

Big congratulations to Copenhagen Infrastructure Partners and China Steel Corporation for reaching Financial Close on the Zhong Neng offshore wind project!

At PEAK Wind we are thrilled for taking part in this project and are looking forward continuing a great cooperation with the shareholders, lenders and not least Copenhagen Offshore Partners.

PEAK Wind has provided various services to the project since 2017. Our colleagues have contributed to its development and financing, and we are very proud to see this project move into the construction phase.

Windipedia

Find the definitions of more than 180 technical, commercial, and financial abbreviations related to the renewables sector

FEED

An engineering design approach considering technical requirements and rough investment costs to enhance project cost planning and controlling.

FAT, EPC

SCADA

Computer-based system used for collecting, controlling and presenting data from various systems in a wind farm. Comprising among other: data from PLC controllers, individual process instruments, vibration and temperature measurement instruments.

LMU, CMS, SMA

SMA

Service agreement typically provided by the OEM supplying the serviced equipment as stated in the TSA, e.g. WTGs, SCADA and CMS for doing maintenance work for an agreed period of time.