Finance
Orsted sells 55% of Taiwan wind farm to Cathay
Published by Global Banking & Finance Review®
Posted on December 23, 2025
1 min readLast updated: January 20, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 23, 2025
1 min readLast updated: January 20, 2026
Orsted sells 55% of its Taiwan wind farm to Cathay for $789M to strengthen capital amid rising costs and supply chain issues.
COPENHAGEN, Dec 23 (Reuters) - Danish offshore wind developer Orsted <ORSTED.CO> has agreed to sell a 55% stake in its Greater Changhua 2 offshore wind farm in Taiwan to life insurance company Cathay in a deal worth around 5 billion Danish crowns ($788.74 million), it said on Tuesday.
Orsted, the world's largest offshore wind developer, is trying to restore investor confidence as it faces rising costs from supply chain disruptions and inflation, as well as uncertainty wrought by U.S. President Donald Trump's opposition to renewable energy.
"The transaction marks another significant milestone in Orsted's partnership and divestment programme and further solidifies the company's capital structure," the developer said in a statement.
With the agreement, Orsted has signed divestments with proceeds totalling around 33 billion crowns during 2025, it added.
The Greater Changhua 2 site comprises the Greater Changhua 2a wind project, which is operational, and Greater Changhua 2b, which is currently under construction.
($1 = 6.3392 Danish crowns)
(Reporting by Stine Jacobsen, editing by Essi Lehto)
Renewable energy is energy generated from natural resources that are replenished over time, such as solar, wind, and hydroelectric power. It is considered more sustainable than fossil fuels.
Divestment refers to the process of selling off subsidiary business interests or investments. Companies often divest to focus on core operations or improve financial stability.
A partnership is a business arrangement where two or more individuals share ownership and the profits or losses of a business. It allows for shared resources and expertise.
An investment is an asset or item acquired with the goal of generating income or appreciation. Common forms include stocks, bonds, real estate, and mutual funds.
Insurance is a financial product that provides protection against financial loss or risk. It involves paying premiums in exchange for coverage against specific risks.
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