Pohang Shinkwang Wind Farm Project

Doeumsan Wind Power Co., Ltd. developed the Pohang Shinkwang wind farm in South Korea.The Pohang Shinkwang wind farm has a total installed capacity of 19.2 MW comprising six (6) Siemens SWT3.2-113, 3.2MW wind turbines at 92.5 meters hub height.

KB Bank has been mandated as lead arranger and providing debt financing for the project. Tractebel Engineering GmbH was assigned by the KB Bank as Lender’s Technical Adviser for assessing the technical and financial aspects of the Pohang Shinkwang wind farm project during the construction period of the project. Tractebel Engineering GmbH is reporting exclusively to the Lender.

The scope of works of the Technical Advisor included: i) Construction Monitoring with site visits; ii) approval of project budget drawdowns; and iii) tailor-made construction progress reports.

The Technical Advisor also participated in a number of meetings and teleconferences with all involved parties (Client, Constructor and advisors etc.) until the completion of the construction.