Stonepeak’s Synera Seeks $800 Million Loan for Taiwan Wind Farm

Synera Renewable Energy Co., a portfolio company of Stonepeak Partners, is seeking $800 million of private credit for its offshore wind farm project in Taiwan, according to people familiar with the matter, amid the push for green power supply expansion in the country.

Proceeds from the proposed loan will be used to fund the construction and ramp-up of the Formosa 2 offshore wind farm project, said the people, who asked not to be identified because the proposed deal is private. Stonepeak declined to comment. Synera did not respond to a request for comment.