Ørsted completes 50% of Greater Changhua 1 Offshore Wind Farm divestment

Source: press release, 3 November 2021

3 November 2021 Editor Projects, Renewables Comments Off on Ørsted completes 50% of Greater Changhua 1 Offshore Wind Farm divestment
Greater Changhua 2b & 4 will be located adjacent to the 900 MW Greater Changhua 1 & 2a offshore wind farm which Ørsted is currently constructing
Greater Changhua 2b & 4 will be located adjacent to the 900 MW Greater Changhua 1 & 2a offshore wind farm which Ørsted is currently constructing (illustration: Ørsted)

Following its agreements signed in December 2020, Ørsted has announced the completion of the divestment of 50% of the 605 MW Greater Changhua 1 Offshore Wind Farm to global investment group Caisse de dépôt et placement du Québec (CDPQ) and Cathay PE.

The completed transaction does not change Ørsted’s financial outlook for the 2021 financial year or the expected investment level announced for 2021.

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