Gentari 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.
