Gibson Dunn Deal Named Finance Deal of the Year at ALM Asia Legal Awards
Accolades | September 17, 2025
Asia Legal Awards
A Gibson Dunn deal, the Changhua 4 project, was recognized at the ALM Asia Legal Awards 2025 with a win for Finance Deal of the Year.
Our firm advised Cathay Life as the borrower during the project financing stage. The initiative involves 20-year $1.6 billion stapled project financing for the 583MW Greater Changhua 4 offshore wind project in Taiwan, with a total cost of approximately 3 billion Euro. It is the first offshore wind financing guaranteed by the National Credit Guarantee Administration, and the first time that state-owned First Commercial Bank has taken the role of export-import bank (T-Exim) facility agent in an offshore wind financing project. The project also won Renewable Energy Deal of the Year – Offshore Wind from The Asset Triple A Sustainable Infrastructure Awards and Asia Pacific Power Deal of the Year 2024 from Project Finance International earlier this year.
The deal team was led by partner Ben Shorten and included partner Jamie Thomas, of counsel Claude Jiang, and associates John Cheah and Jun An Chee.