Mitsui invests in Hai Long Offshore Wind Power Project in Taiwan
Client(s) Mitsui & Co., Ltd.
Jones Day advised Mitsui & Co. Ltd., a Japan business conglomerate with a diversified business portfolio, including in energy, iron and steel, non-ferrous metals, machinery, chemicals, foods, textiles and general merchandise, in its ¥260 billion investment, loan and guarantee into and a ¥540 billion project financing for the Hai Long Offshore Wind Power Project in Taiwan. The Project is a joint venture between Mitsui and partner Northland Power Inc. and involves the construction of 73 large wind turbines in three sections in the offshore area 45-70km off Changhua County, Taiwan with a total generational capacity of 1,022MW.