Orsted to sell stake in offshore wind project for NT$75 bill

Orsted to sell stake in offshore wind project for NT$75 billion


Orsted to sell stake in offshore wind project for NT$75 billion
By Angelica Oung / Staff reporter
Orsted A/S, the world’s biggest developer of offshore wind farms, has agreed to sell a NT$75 billion (US$2.63 billion) stake in a project off Taiwan, it said yesterday.
Institutional investor Caisse de depot et placement du Quebec (CDPQ) and Cathay PE — a private equity fund of Cathay Securities Investment Trust Co (國泰投信) — are to acquire a 50 percent stake in the 605-megawatt Greater Changhua 1 project, with CDPQ being the majority partner, Orsted said in a statement.
Orsted would retain the remaining 50 percent stake and continue to operate the wind farm, it said.

Related Keywords

Taiwan , Quebec , Canada , Changhua , Zhanghua Xian , Emmanuel Jaclot , Matthias Bausenwein , Orsted Asia Pacific , Martin Neubert , Jeff Chang , Cathay Securities Investment Trust Co , Angelica Oung , Greater Changhua , டைவாந் , க்வீபெக் , கனடா , மார்டின் நியூபெர்ட் , ஜெஃப் சாங் , கேத்தே பத்திரங்கள் முதலீடு நம்பிக்கை இணை ,

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