Orsted, Cathay sign deal
9 Articles
9 Articles
Ørsted sells half of its stakes in Taiwanese offshore wind farm
Danish offshore wind developer Ørsted has signed an agreement to sell a 50% stake in its Greater Changhua 4 offshore wind farm to Taiwanese Cathay Life Insurance for DKK 11.6 … The post Ørsted sells half of its stakes in Taiwanese offshore wind farm appeared first on Scandasia.
Cathay Life Insurance, based in Taiwan, will acquire 50% of Orsted’s Greater Changhua 4 marine wind farm through its subsidiary Cathay Wind Power Holdings. The Greater Changhua 4 site is part of Orsted’s Greater Changhua 2b and Orsted’s 4 of 920MW marine wind farms, which the Danish developer is currently building and is expected to finish by the end of 2025. Related:Orsted installs the first turbine in the Greater Changhua wind farm in TaiwanTh…
Ørsted brings in Cathay Life Insurance as investor in Greater Changhua 4 Offshore Wind Farm
Ørsted has signed an agreement with Cathay Life Insurance, the leading insurance company in Taiwan, and its affiliate Cathay Wind Power Holdings Co., Ltd, under which Cathay Life Insurance will acquire a 50 % ownership share of Ørsted’s 583 MW Greater Changhua 4 Offshore Wind Farm. Ørsted will continue to own the remaining 50 % … Continue reading Ørsted brings in Cathay Life Insurance as investor in Greater Changhua 4 Offshore Wind Farm →
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