Technical Advisory for Hai Long

Project Overview

Located approximately 45-70 km off the West coast of Changhua County in Taiwan, the Hai Long offshore wind farm is set to reach a combined capacity of just over 1GW, making it a significant contributor to Taiwan’s energy transition goals.

This large-scale project, sponsored by Mitsui & Co., Ltd., and Northland Power Inc., aims to complete construction by 2026 and operate for over 25 years. 

The project has secured NTD 117 billion (3,3 billion EUR) in debt provision from lenders and Export Credit Agencies (ECAs) through long-term project financing – a pioneering achievement for Taiwan’s offshore wind sector. 

 

1 GW

of total capacity
Set to reach a combined capacity of just over 1GW, making it a significant contributor to Taiwan’s energy transition goals.

45-70

kilometers
Located 45-70 kilometers off the Changhua coast.

3.3 million

EUR
secured in debt provision from lenders and Export Credit Agencies (ECAs) through long-term project financing.

Technical Advisory

Location: Taiwan
Year of completion: 2023
Client: Hai Long Offshore Wind Farm
Service provided: Lender’s Technical Adviser (LTA) and Lender’s Environmental and Social Adviser (LESA), carrying out technical due diligence to ensure a thorough understanding of the project's construction, performance, and safety. This work also encompassed managing the necessary considerations for local communities and habitats, adhering to Taiwanese regulations.

 

Choosing Ramboll

Ramboll (then still K2 Management which was acquired by Ramboll in 2024), played a pivotal role as the appointed Lender’s Technical Adviser (LTA) and Lender’s Environmental and Social Adviser (LESA), carrying out technical due diligence to ensure a thorough understanding of the project's construction, performance, and safety. This work also encompassed managing the necessary considerations for local communities and habitats, adhering to Taiwanese regulations. 

Ramboll's contribution involved close collaboration with lenders and ECAs to recognize and account for the risks and opportunities related to the project's technical performance. This ongoing support will continue to provide significant value throughout the construction and operational phases of the Hai Long project. 

“Ramboll’s technical insights have been an important asset to us throughout the development phase, and will continue to inform the project trajectory as it progresses through construction and operation.”

Meet our team

With more than 10 years of experience, 100+ transaction advisors, and hundreds of successful projects, Ramboll's Transaction Advisory is firmly established in the wind energy sector.

Trusted by leading companies including Equinor, Northland Power, SSE, Mitsui, Ocean Winds, and RWE, we deliver expert advisory services across Europe, the UK & Ireland, Asia-Pacific, and the Americas - supporting our clients wherever they are.

Reach out to our expert team if you’d like to discuss how Ramboll can help you along your project.

Will Sheard

Director of Site, Yield and Transaction Advisory

Jochen Gassert

Head of Transaction Advisory

Scott Hsu

Market Director, Taiwan and Philippines

About Ramboll

Who we are

Ramboll is a global architecture, engineering, and consultancy company, delivering expertise and sustainable solutions. Founded in Denmark in 1945, Ramboll today operates across 35 countries and employs 18,000 experts.

We combine deep local insight and experience with a global knowledge base to create sustainable societies and drive positive change for our clients.

Based on more than 35 years of experience in the wind industry, we offer a full range of services that cover the entire life cycle of a wind farm, from planning and project development to design, procurement, implementation, operation & maintenance, and finally to decommissioning.

Our interdisciplinary team of more than 900 off- and onshore wind experts are at the forefront of innovative energy solutions, offering a breadth of experience in both established technology and emerging concepts.

Our portfolio includes the successful completion of off- and onshore wind projects in more than 40 countries.

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