2024-03-01
http://w3.windfair.net/wind-energy/pr/45805-orsted-wind-farm-offshore-sale-bidder-ownership-greater-chanhua-4-taiwan-catahay-acquisition

News Release from Ørsted (Orsted)

No_logo

Wind Industry Profile of


Ørsted has selected Cathay Life Insurance as preferred bidder for 50 % ownership share in Greater Changhua 4

Following a competitive divestment process, Ørsted has signed an exclusivity agreement with Cathay Life Insurance today, selecting the Taiwanese leading insurance company and its affiliate as preferred bidder for the acquisition of a 50 % ownership stake in total of Ørsted’s 583 MW Greater Changhua 4 Offshore Wind Farm in Taiwan.

Image: ØrstedImage: Ørsted

Ørsted and Cathay Life Insurance have agreed to an exclusivity period lasting until 17 January 2024, during which both parties will finalise negotiations of the transaction documents and confirmatory due diligence.

Under the Taiwan Stock Exchange disclosure rules, Cathay Life Insurance is required to make a public announcement upon being selected as preferred bidder.

Subject to signing of the transaction, the completion of the divestment will be subject to regulatory approvals from the Taiwanese authorities.

In total, Greater Changhua 2b and 4 will have a capacity of 920 MW, and Ørsted took final investment decision (FID) on these projects earlier this year. The wind farms are under construction and expected to be completed by the end of 2025.

Source:
Ørsted
Author:
Press Office
Link:
www.orsted.com/...
Keywords:
Ørsted, wind farm, offshore, sale, bidder, ownership, Greater CHanhua 4, Taiwan, Catahay, acquisition



Alle Meldungen Von Ørsted (Orsted)

No_logo

news in archive


Thematically suitable Windfair.net members in the business directory

  • Newlist_logo.overspeed
  • Newlist_qualitas_energy_logo_blau_dblau
  • Newlist_anemos_logo_neu
  • Newlist_logo.weigt
  • Newlist_ts_logo_rgb
  • Newlist_logo.labkotec
  • Newlist_bmu_logo
  • Newlist_windrad_logo-1-rgb
  • Newlist_logo_oat_pitch_control
  • Newlist_logo.tuev-sued-offshore
  • Newlist_prysmian_group_logo
  • Newlist_plarad_logo_blau_ptw.jpeg
  • Newlist_geonet_logo
  • Newlist_logo.engr.wisc
  • Newlist_rts_wind_ag_logo_652x312px
  • Newlist_bwts_logo_2021
  • Newlist_abo_wind_logo
  • Newlist_now_logo
  • Newlist_woelfel_logo
  • Newlist_15.03.9_logo_gwu-umwelt_kurz__firma__gmbh_unterhalb_cmyk
  • Newlist_logo_lambrecht_2022_rgb

more results



Keyword Search

© smart dolphin Gmbh 1999 - 2024 | Legal Notice | Windfair Editors | Privacy Policy | The Windfair Pocket Wind 2020