UK export credit agency to provide US$303m in support of Formosa II

(Renewables Now, Fresno, 5 November 2019) The UK’s export credit agency, UK Export Finance (UKEF), will provide a TWD-9.2-billion (US$303m/EUR 272m) project finance guarantee to support the construction of the 376-MW Formosa II offshore wind project in Taiwanese waters. UK companies will be involved in constucting the Formosa 2 offshore windfarm, helping to unlock the export potential of this growing sector of the UK economy.