Orsted sells 50% stake in Greater Changhua 4 wind farm for $1.64bn

Orsted sells 50% stake in Greater Changhua 4 wind farm for $1.64bn

FILE PHOTO: Electric power transmission pylon miniatures and Orsted logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Denmark’s Orsted said on Wednesday it has agreed to sell a 50% stake in its Greater Changhua 4 offshore wind farm to Taiwan’s Cathay Life Insurance for about 11.6 billion Danish crowns ($1.64 billion).

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