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The PNE Group, which is internationally active in the development of wind energy and photovoltaic (PV) projects, has achieved success in Sweden. The Swedish wind farm Hultema with a planned nominal capacity of approximately 60 MW, developed by the PNE Group, has been sold to the Swiss infrastructure fund, Reichmuth Infrastruktur II KmGK.
Following the earlier sales of the Swedish wind energy projects Målarberget and Laxaskogen, with a total nominal output of 138 MW, the PNE Group has thus realised a further project sale in Sweden. The Hultema wind farm is located in the southern part of Sweden and when completed will comprise of Siemens Gamesa 6.0-155 wind turbines.
The 605MW project will supply clean power to over 650,000 Taiwanese families
30 Dec 2020 |
Chito Santiago
Global renewable energy developer Ørsted is selling a 50% stake in Greater Changhua 1 offshore wind farm in Taiwan to a consortium comprising of Caisse de dépôt et placement du Québec (CDPQ) and local investor Cathay PE for about NT$75 billion (US$2.67 billion).
Ørsted will retain a 50% share in the project, which will be financed by its corporate balance sheet and will deliver the long-term operations and maintenance (O&M) services to the project. The 605-megawatt (MW) wind farm is part of the 900MW Greater Changhua 1 & 2a offshore wind farms, which Ørsted is currently constructing and expects to be completed in 2022. Majority of the deal proceeds will be used to pay for the engineering, procurement and construction (EPC) services for the project.