Macquarie, EnBW, Team Up with JERA on Taiwanese Offshore Wind Project

Nina Chestney
Monday, March 9, 2020

Macquarie's Green Investment Group (GIG) and EnBW Energie Baden-Württemberg AG have reached an agreement with Japanese utility JERA to join in developing Taiwan's Formosa 3 offshore wind farm. 

JERA now holds a 43.75% stake in the project. The Green Investment Group holds 31.25% and EnBW holds 25%. Financial details were not disclosed. Formosa 3 is an offshore wind project off the central-western coast of Taiwan. 

It has three separate sites which have a total capacity of 2 gigawatts. The project secured approval after an environmental impact assessment in 2018. 

JERA's entry into Formosa 3 follows previous partnerships on the Formosa 1 and Formosa 2 offshore wind projects. "Taiwan is fast becoming Asia's foremost offshore wind market," said Mark Dooley, global head of the Green Investment Group.

 (Reporting by Nina Chestney; Editing by Edmund Blair)

Categories: Energy Industry News Offshore Wind Activity Asia Renewables Taiwan

Related Stories

Lebanon Postpones Offshore Licensing Round Again

Tullow Says 58 Workers Test Positive for COVID-19 Offshore Ghana

Partners Sanction $2.2B Fécamp Offshore Wind Farm

Current News

US Oil Companies Monitor Gulf of Mexico Storm

Sonardyne USBLs Installed on Brazilian Geoscience Vessels

ENGIE Fabricom, Iemants JV to Build Hollandse Kust (North) Substation

Proserv Subsea Controls for IOG's SNS Development

Subscribe for OE Digital E‑News