Tuesday, December 29, 2020

Big Money: "Ørsted brings in new investors for Greater Changhua wind farm"

I mentioned last week that we seem to have a story on Ørsted drop out of a terminal or feedreader every other day. And not tiny deals.

From Splash 24/7:

Denmark-headquartered green energy giant Ørsted has signed agreements with a consortium comprising institutional investor Caisse de dépôt et placement du Québec (CDPQ) and Taiwanese private equity fund Cathay PE to sell a 50% ownership share of its Greater Changhua 1 Offshore Wind Farm.

Ørsted is currently constructing the Greater Changhua 1 site and the project is expected to be completed in 2022.

“I’m delighted to welcome our long-term partner CDPQ and Cathay PE in Greater Changhua 1. It’s encouraging to once again see institutional investors playing an important role in the transition to renewable energy and low-emission economies....


The Caisse runs about 260 billion USD but they prefer to quote in Loonies, $333 billion CAD.

Here's more at Le Journal de Montréal:

Énergie renouvelable: la Caisse de dépôt et placement du Québec mise gros sur l’éolien à Taïwan