Assisting GlobalWafers in financing the world’s first semiconductor crystal-growing factory running 100% self-generated green electricity in Denmark

Taiwanese semiconductor technology company GlobalWafers successfully completed a 60 million Danish kroner (approximately €8 million) green financing with Crédit Agricole CIB acting as the sole green agent and sole lender. Proceeds of the green financing will be invested in Topsil GlobalWafers A/S (Topsil), a Danish subsidiary of GlobalWafers, to support its construction of solar power plants, representing a major milestone in global wafer green manufacturing for GlobalWafers.

Inaugurated in January 2025, Topsil is the world’s first sustainable crystal-growing manufacturing facility to operate on 100% self-generated low carbon electricity (Source: GlobalWafers). By constructing a solar power plant with an installed capacity of 10 million watts, the facility is capable to generate 9.88 million kilowatt hours of electricity annually – exceeding the energy consumption of Topsil. This investment enables Topsil to operate with self-generated green power, while any surplus solar power will be fed back to the Danish community.

Since officially participating in the RE100, an international business initiative that brings together corporates committed to using 100% renewable electricity, GlobalWafers has been dedicated to running completely on renewable energy across all its global operating sites. The company has focused on optimising existing equipment, implementing energy-saving measures, and comprehensively applying various green solutions to increase the proportion of renewable energy utilisation.

This green loan not only represents a significant milestone in advancing clean energy transitions and low-carbon technology development, but also underscores GlobalWafers’ commitment to establishing a sustainable semiconductor ecosystem – striving for a win-win outcome that balances environmental sustainability with economic benefits.

Crédit Agricole CIB, with its strong international network, provides comprehensive financial services to clients around the world through a team of professionals across Europe, the Americas, Asia-Pacific, the Middle East and Africa. Just a few months ago, we supported another Taiwanese company E-Ink in completing its inaugural green loan which represents the first green loan issued in Taiwan and in the Asia-Pacific region based on the EU Taxonomy validated by a second party opinion.