K2 Management (K2M) has completed due diligence on Taiwanese insurer Cathay Life’s investment in Greater Changhua 4, a 583MW offshore wind farm in Taiwan.
Cathay Life has now become a 50% shareholder in the project alongside Ørsted. The Greater Changhua 4 – North West wind farm, located 50km offshore in the Taiwan Strait, is currently under construction and due to enter operation in 2025. For Cathay Life, K2M provided full-scope technical due diligence to support and de-risk this investment. This two-year due diligence phase included reviewing the wind farm's projected energy yield, technical performance, and associated contracts.
