CIP sells stake in Taiwan offshore wind projects
The Danish infrastructure fund has now sold shares in its first two Taiwanese offshore wind farms to a couple of domestic insurance companies, thereby securing necessary capital for realizing the projects.
Taiwan's Changfang and Xidao offshore wind projects now appear prone for launch. In a transaction securing the two offshore wind farms' 25-percent local financing compliance, Copenhagen Infrastructure Partners (CIP) has sold 12.5 percent of the developments with a planned combined capacity of 600 MW to two for the island's life insurance companies, Taiwan Life Insurance and Transglobe Life, CIP informs in a press statement.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
PE funds lead growth at Taaleri Group
For subscribers
