Ørsted Sells 55% Stake in 632 MW Greater Changhua 2 Offshore Wind Farm to Cathay Life Insurance
WIND ENERGY
Ørsted has agreed to sell a 55% stake in the 632 MW Greater Changhua 2 Offshore Wind Farm to Cathay Life Insurance for approximately DKK 5 billion, with the transaction expected to close upon the project's commercial operations. The wind farm, located off the coast of Changhua County, includes both the operational Greater Changhua 2a and the under-construction Greater Changhua 2b, which is set to become operational by Q3 2026. This divestment aligns with Ørsted's capital recycling strategy and supports Cathay's commitment to Taiwan's renewable energy transition.

Dec 24, 2025, 1:06 PM