CIP Reportedly Considering Sale of Changfang & Xidao Wind Farm Stakes; MOEA Has Not Received Information

(CNA, by reporter Tseng Yun-ting, Taipei, 18th) According to foreign media reports, Copenhagen Infrastructure Partners (CIP) is considering selling its stakes in the Changfang and Xidao offshore wind farms in Taiwan. The Ministry of Economic Affairs' Energy Administration stated today that it has not received any information about CIP's intention to sell the relevant wind farms. At present, CIP's participation in the zonal development plan is still progressing. As for any subsequent equity transfers involving the Changfang and Xidao wind farms, they will be handled in accordance with the Company Act and regulations on foreign investment, which is a 'normal business model'. According to a Bloomberg report, CIP and Thailand's Global Power Synergy (GPSC) are evaluating the sale of the Changfang and Xidao offshore wind farms, and possible options include a full sale or a partial stake transaction. In response, the Energy Administration stated that it has not currently received any information from CIP regarding its intention to sell the relevant wind farms. However, CIP is continuing its deployment in Taiwan's offshore wind zonal development phases 3-1, 3-2, and 3-3. Among them, Fengmiao 1 in phase 3-1 has completed financing and entered the construction stage, Fengmiao 2 wind farm in phase 3-2 is currently in financing planning, and CIP has also participated in multiple information sessions and is planning its bidding for phase 3-3. The Energy Administration emphasized that it is a common business model in the international market for offshore wind farms to undergo equity adjustments or transactions after completing development and obtaining licenses. Therefore, 'it's not that there is some kind of problem'. (Editor: Pan Yi-ching) 1150518