Japan’s first commercial-scale ocean wind farm in financial close: Mott MacDonald
The $904m (JPY100 billion) Akita offshore wind farm project in Japan has successfully reached financial close.
Developed by Akita Offshore Wind Corporation, the project is the first commercial-scale Japanese offshore wind farm to secure non-recourse debt financing from a syndicate of Japanese lenders.
Mott MacDonald is the lender’s technical advisor on the project.
The approximately 140MW project is being constructed in Akita Prefecture in two phases, with sequential installation between the Akita port and Noshiro port wind farms - Link
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