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Windtech International July August 2024 issue

 

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Gentari acquires stake in Hai Long offshore wind farmGentari International Renewables has announced its investment in the Hai Long offshore wind project located off the Changhua coast in the Taiwan Straits.
 
The investment sees Gentari acquiring a 49 percent stake in Canada-based Northland Power Inc.'s (Northland) ownership of the project, equivalent to a 29.4 percent indirect equity interest. Northland now holds a 30.6 percent ownership interest in the overall project and will continue to take the lead role in the construction and operation of the project developed as a joint venture between Northland and Japan-based Mitsui & Co. Comprising two phases, the project has an expected combined generating capacity of 1,022 MW.
 
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