Tsar & Tsai advised Hai Long Offshore Wind Project on its NT$55 Billion (~USD 1.7 billion) Incremental Financing

2026-08-12

Tsar & Tsai Law Firm acted as legal advisor to Hai Long Offshore Wind Project in the successful completion of its NT$55 billion incremental financing package. The Hai Long Offshore Wind Project is jointly invested and

developed by Mitsui & Co. of Japan, Northland Power Inc. of Canada, and Gentari of Malaysia. Structured within the existing project financing framework, the incremental financing further strengthens the Project’s financial foundation for successful completion of construction and long-term operations.

The financing included the original seven Export Credit Agencies (ECAs), the existing lending syndicate, the National Credit Guarantee Administration (NCGA), and 17 newly added financial institutions, increasing the total number of financial institutions supporting the Project to 35.

This milestone demonstrates the financial market’s long-term confidence in Taiwan’s energy transition, and underscores the continued maturity of Taiwan’s green finance market in supporting major energy infrastructure projects.

The members of our team include Partner Janice Lin, Associate Partner Ellen Peng, and Associate Simon Lee.

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