Case Studies on Technical Due Diligence for Project Finance of Offshore Wind Farms / 技術盡職調查對離岸風力電場開發專案融資之案例分析

碩士 / 國立臺北大學 / 自然資源與環境管理研究所在職專班 / 107 / ABSTRACT
Facing the trend of global climate change, the average annual temperature is rising. According to the 2018 Offshore Energy Outlook published by International Energy Agency (IEA), global electricity demand will grow by about 60% to 34,500 TWh by 2040.
Follow the international trend of sustainable development and learn from the successful development of offshore wind power in Europe. In 2018, in accordance with the " Key Points of The Allocation of Capacity at the Offshore Wind Power Planning Site", the Bureau of Energy of the Ministry of Economy Affairs (MOEA), in considering application team’s experience and capability, wind farm planning feasibility and financial soundness, etc., has selected 7 international and domestic offshore wind farm developers aiming to complete 5.5GW of offshore wind farm plant by 2025. The total construction cost is about NT$700 to NT$800 billion, of which about 70 to 80% will need to be obtained through project financing.
Offshore wind power is an industry with high capital needs and high risk. Project financing is the main source of funding for the development of offshore wind power projects; but, owing to the lack of technical expertise, financing banks generally through technical due diligence (Technical Due Diligence, TDD) provider to help understand the risk level slot sits of the project's main elements. In order for the bank to discuss internally whether to undertake financing for the project. In the meantime, it can also require developers to commit to improve the elements rated at "medium" or "high" risk.
The use of technical due diligence in the European offshore wind market to obtain project financing or mergers and acquisitions is very common and important. Technical due diligence is independent, so its investigative report is objective for developers and financing banks or potential investors. Because it gives a clearer focus on key risk elements and makes it easier to understand the reasonableness of the parameters under investigation.

Identiferoai:union.ndltd.org:TW/107NTPU1399013
Date January 2019
CreatorsCHEN , JIN-BANG, 陳金榜
ContributorsCHIEN, YU-LAN, 錢玉蘭
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format101

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