EGCO Group closes acquisition of 25% stake in 640 MW Yunlin offshore wind farm project

Electricity Generating Public Company Limited (EGCO Group) has completed the acquisition transaction of a 25% ownership interest in Yunlin Holding GmbH which owns the 640 MW Yunlin offshore wind farm project in Taiwan.

Yunlin is a holding company that owns 100% of Yunneng Wind Power Co., Ltd. of Taiwan. The company is constructing a 640 MW offshore wind farm which will be situated in the Taiwan Strait approximately 8 km west of the coast of Yunlin County in Taiwan and covers an overall area of approximately 90 square kilometers.

Commissioning of the project will occur in phases, with Phase 1 comprising 352 MW scheduled for completion in the 4th quarter of 2020, and Phase 2 comprising 288 MW scheduled for completion in the 3rd quarter of 2021.