Eolfi, a French developer specialised in floating wind projects, and Cobra Concesiones, a Spanish industrial company wholly-owned by ACS, have formed a partnership in Taiwan.
Cobra Concesiones finalised its shareholding in Eolfi Greater China, a subsidiary of Eolfi which has been active in Taiwan since 2012. In Taiwan, Eolfi Greater China has been developing a portfolio of five commercial floating wind farm projects with a target size of 500MW each. Acquisition by Cobra Concesiones of a shareholding will secure and speed up the development of these commercial projects. When the operation is completed, Cobra Concesiones will be the majority shareholder in Eolfi Greater China.
