Overview
- Ørsted agreed to sell a 55% stake in the 632 MW Greater Changhua 2 project to Cathay Life and Cathay Power.
- The site comprises the 295 MW 2a phase, already operating, and the 337 MW 2b phase under construction.
- Transaction closing is planned for the start of commercial operations of 2b, expected in the third quarter of 2026.
- Ørsted will provide long-term operations and maintenance from its hub at the Port of Taichung.
- The 55% stake is priced at about DKK 5 billion, following a July 2025 project financing of roughly DKK 20 billion, and lifts 2025 signed divestment proceeds to around DKK 33 billion toward a target above DKK 35 billion for 2025–26.