EGCO Group Buys into Taiwan's Yunlin Offshore Wind Farm

Image: PixabayImage: Pixabay
Electricity Generating Public Company Limited (EGCO Group) has acquired a 25% ownership interest in the wind farm.

Official Press Release EGCO Group:

EGCO Group Completed Acquisition of 25% Stake in Taiwan’s Offshore Wind Farm Project

Electricity Generating Public Company Limited or EGCO Group revealed the successful completion of the acquisition transaction of a 25% ownership interest in Yunlin Holding GmbH which owns the 640MW Yunlin offshore wind farm project in Taiwan.

Dr. Gumpanart Bumroonggit, Senior Executive Vice President – Strategy & Asset Management and Acting President of EGCO Group, stated that “Greenwing Energy B.V., a wholly owned subsidiary of EGCO, successfully completed the acquisition of a 25% ownership interest in Yunlin Holding GmbH (“Yunlin”) from Taiwan Offshore Holding GmbH on April 17, 2020.” Yunlin is a holding company which owns 100% of Yunneng Wind Power Co., Ltd. of Taiwan (the “Project Company”). The Project Company is... ... More: Official Press Release EGCO Group

Taiwan, Yunlin, offshore, wind farm, acquisition, share, MW, EGCO Group

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