Skyborn’s Yunneng Wind Power gets approval to complete restructuring

By Mary Katherine Stinson

Lexington, Ky., Jan. 2 – Yunneng Wind Power Co., Ltd., of which Skyborn Renewables is a shareholder, has received needed approvals from Taiwanese authorities to complete its financial restructuring announced in August, according to a press release.

Along with Skyborn, Yunneng’s other shareholders are TotalEnergies, Electricity Generating PCL and Sojitz Corp.

Yunneng is responsible for the construction and operation of the Yunlin offshore wind farm project in Taiwan.

Since the initial financial close of the project in 2019, the financing consortium remains comprised of more than 24 Taiwanese and global banks along with export credit agencies.

The amended completion plan is to install all 80 wind turbines during 2024.

Skyborn is an offshore wind developer and operator based in Germany. It is a portfolio company of New York-based Global Infrastructure Partners.

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