Mitsui to acquire stake in Taiwanese offshore wind developer

In:

Renewables

Region:

Asia-Pacific

Mitsui is in the process of buying a 50% share in Yushan Energy Co, which owns a 40% interest in the 300MW Hai Long Offshore Wind development in the Taiwan Strait. The project is expected to start commercial operation in 2024 and cost around $1.8 billion to develop. It is backed by a...

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