Japanese energy firm JERA has taken stakes in both Taiwanese and UK offshore wind farms. In a deal with Macquarie Capital and Swancor, the Japanese corporation has bought a 32.5% stake in Taiwan's 172.8 MW Formosa 1 project, currently under construction with a 20-year power purchase agreement on the feed-in tariff scheme. Additionally, JERA has acquired a 25% equity share from Marubeni Corporation in the 128 MW Gunfleet Sands offshore wind farm in the UK, which was first opened in 2010. The Japanese company will set up headquarters in Taiwan and the UK as part of its expansion.
Japanese energy firm JERA has taken stakes in both Taiwanese and UK offshore wind farms. In a deal with Macquarie Capital and Swancor, the Japanese corporation has bought a 32.5% stake in Taiwan's 128 MW Formosa 1 project, currently under construction with a 20-year power purchase agreement on the feed-in tariff scheme. Additionally, JERA has acquired a 25% equity share from Marubeni Corporation in the 172.8 MW Gunfleet Sands offshore wind farm in the UK, which was first opened in 2010. The Japanese company will set up headquarters in Taiwan and the UK as part of its expansion.