Home General Various News DONG Energy, Macquarie Capital to acquire stakes in For…

DONG Energy, Macquarie Capital to acquire stakes in For…

221

  • Register
Taipei, Saturday, January 28, 2017 09:39 (GMT+8)
sunny
Taipei
25°C

  • Article
  • . (0)
  • Related content
Print Email

DONG Energy, Macquarie Capital to acquire stakes in Formosa I
MOPS, January 26; Adam Hwang, DIGITIMES [Thursday 26 January 2017]

Denmark-based DONG Energy AVS and Australia-based Macquarie Capital will acquire a 35% stake and a 50% stake respectively, in Formosa I, an offshore wind power generation project currently wholly owned by Taiwan-based resin maker Swancor Industrial, according to Swancor Holding, the parent company of Swancor Industrial.

The stake investment is for DONG Energy to provide consulting on offshore wind power generation and Macquarie Capital provide financial management and project financing services, Swancor Holding said. Formosa I has paid-in capital of NT$1.075 billion (US$34.1 million), and Swancor Industrial will shift a 35% stake to DONG Energy and a 50% stake to Macquarie Capital.

According to the Chinese-language newspaper Economic Daily News, Formosa I consists of two wind turbines with total installation capacity of 8MWp being established 3km from the northwestern coast of Taiwan in the first phase, with the two turbines to come into operation in March 2017. In the second phase, 32 offshore wind turbines with total installation capacity of 120MWp will be set up beginning 2019.

Tweet

Categories: Alternative energy Green energy

Tags: Formosa wind power

    Related stories

  • Taiwan aims at cumulative PV installation of 20GWp in 2025, says MOST (Oct 28)
  • Taiwan sets 2025 target renewable energy installation capacity at 27.423GW (Jun 24)
  • Siemens to help set up offshore wind farm in Taiwan (Sep 18)
  • Taiwan to promote offshore wind power generation (Aug 17)
  • Teco, China Steel establish joint venture for Taiwan wind power business opportunities (Jul 23)
  • Wind rotor blade material maker Swancor expected to see revenues grow 50% in 2010 (Feb 4)

Global notebook shipment forecast, 2017 and beyond
EYF Enterprises
The transition to 4k TV - UHD TV market forecast, 2014-2017
Sponsored links
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.

Buy link

  • Register
Taipei, Saturday, January 28, 2017 09:39 (GMT+8)
sunny
Taipei
25°C

  • Article
  • . (0)
  • Related content
Print Email

DONG Energy, Macquarie Capital to acquire stakes…

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here