Search results for: Swancor Holding

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  • 19 May 2020
    Business & Finance

    New York-based Stonepeak Infrastructure Partners has entered a USD 145 million mezzanine debt agreement with AMP Capital to support the acquisition of Swancor Renewable Energy and the construction of the Formosa 2 offshore wind farm in Taiwan. “The transaction represents our first infrastructure debt investment in Taiwan– it’s a key milestone for our business and […]

  • 1 August 2019
    Business & Finance

    US investment firm Stonepeak Infrastructure Partners has acquired a 95% stake in Swancor Renewable Energy Co. Ltd, a subsidiary of Swancor Holding. The transaction is valued between USD 25 million and USD 101 million, Swancor said in a stock exchange filing. Swancor Renewable Energy holds a 15% stake in the 128MW Formosa 1 offshore wind project which is […]

  • 12 March 2018
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Taiwan-based offshore wind developer Swancor Holding plans to secure the funds necessary for the full development of the Formosa I offshore wind projects through financing deals with banks in the second quarter of 2018, according to local media.

  • 9 October 2019
    Wind Farm Update

    All 20 Siemens Gamesa 6MW turbines have been installed at the Formosa 1 Phase 2 offshore wind project in Taiwan. To remind, jack-up vessel Seajacks Zaratan installed the first turbine at the project site 6km off the west coast of the Miaoli district in the Taiwan Strait in July. Prior to commercial operation, each turbine goes through […]

  • 2 March 2017
    Authorities, Business & Finance, Wind Farm Update

    The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of joint control over Formosa 1 International Investment of Taiwan by DONG Energy, Australia’s Macquarie and Swancor Holding of Taiwan.

  • 3 July 2019
    Contracts & Tenders

    MHI Vestas has signed a conditional contract with Swancor for the supply of blade materials for offshore wind projects in Taiwan. The scope of the contract covers more than 50% of the direct materials value of blade manufacturing, including carbon tow and pultrusion, resin, and bonding glue, MHI Vestas said. The agreement also includes the possibility […]

  • 25 July 2019
    Wind Farm Update

    Jack-up vessel Seajacks Zaratan has installed the first of the 20 Siemens Gamesa 6MW wind turbines on the 120MW Formosa 1 Phase 2 wind farm in Taiwan. The project is located around six kilometers off the west coast of the Miaoli district in the Taiwan Strait, with water depths ranging between 15 and 30m. Seajacks […]

  • 7 January 2020
    Wind Farm Update

    The Formosa 1 offshore wind project in Taiwan started commercial operation on 27 December, according to JERA. The 128MW wind farm consists of the 8MW Formosa 1 Phase 1, inaugurated in May 2017, and the 120MW Formosa 1 Phase 2 which was officially commissioned in November. Formosa 1 comprises two Siemens Gamesa 4MW turbines from the first phase […]

  • 12 November 2019
    Wind Farm Update

    Ørsted and project partners have held an inauguration ceremony for the Formosa 1 Phase 2 offshore wind project in Taiwan. Formosa 1 Phase 2 is an extension of the existing two-turbine Formosa 1 Phase 1 project, which was officially commissioned in April 2017. The 120MW project comprises 20 Siemens Gamesa 6MW turbines installed approximately 2 […]

  • 14 June 2018
    Jobs & Recruitment, Operations & Maintenance, Ports & Logistics, Training & Education

    Taiwan International Windpower Training Corporation (TIWTC) and Siemens Gamesa Renewable Energy have signed a Letter of Intent (LoI) to collaborate on establishing Global Wind Organization (GWO) training center in Taichung, Taiwan.

  • 31 May 2018
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Siemens Gamesa Renewable Energy has signed a preferred supplier agreement with wpd offshore for the 640MW Yunlin offshore wind project in Taiwan.

  • 3 April 2018
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Siemens Gamesa Renewable Energy (SGRE) has been contracted to supply an additional 120MW of capacity for the Formosa 1 Phase 2 offshore wind farm in Taiwan, with the installation of the 20 SWT-6.0-154 wind turbines scheduled to start in 2019.

  • 29 October 2019
    Wind Farm Update

    Jan De Nul has completed the EPCI scope for foundations, power cables, and scour protection on the Formosa 1 (Phase 2) offshore wind farm in Taiwan. Jan De Nul engineered, procured, and installed twenty offshore wind turbine foundations consisting of a monopile and transition piece with a grouted connection. Around the monopile foundations, 56,000 tonnes […]

  • 8 August 2018
    Business & Finance, Contracts & Tenders, Jobs & Recruitment, Technology

    Siemens Gamesa Renewable Energy signed ten Memorandums of Understanding (MoUs) with a range of suppliers during the Siemens Gamesa Offshore Wind Localization Day in Taipei, Taiwan on Wednesday, 8 August.

  • 5 May 2017
    Authorities, Business & Finance, Operations & Maintenance, Wind Farm Update

    Taiwan has issued its first ever commercial operating licence for an offshore wind farm – the 8MW Formosa I Phase I wind farm off the Miaoli County.

  • 21 June 2019
    Business & Finance

    Taiwan’s Swancor is selling 100% of its shares in Swancor Renewable Energy Co. Ltd and its subsidiary Haineng Wind Power to ”European and American energy companies’‘. Swancor is selling 20 million shares at a price range of between USD 1.3 and USD 5.07 per share. The transaction could fetch between USD 26 million and USD […]

  • 9 October 2019
    Business & Finance, Wind Farm Update

    JERA is set to acquire a 49% equity interest in the Formosa 2 offshore wind farm in Taiwan, the Japanese utility revealed shortly after it had secured joint control over the project with Macquarie and Swancor. Macquarie will hold a 26% stake and Swancor will hold 25% of the 376MW wind project located offshore Miaoli County in the Taiwan Strait. The […]

  • 8 November 2019
    Wind Farm Update

    The onshore construction of the Formosa 2 offshore wind project commenced today, 8 November, with a groundbreaking ceremony held in Taiwan. Formosa 2 will comprise 47 Siemens Gamesa 8.0 – 167 turbines mounted on jacket foundations which will be installed by Seaway 7 some 4km offshore Miaoli County in the Taiwan Strait. The 376MW project is expected […]

  • 28 December 2018
    Business & Finance

    Japanese utility JERA has agreed to acquire a 24.95% equity interest in the Gunfleet Sands offshore wind farm in the UK from Marubeni Corporation.

  • 20 August 2018
    Contracts & Tenders, Wind Farm Update

    Management, engineering and development consultancy Mott MacDonald is reviewing the design of the anchor bolt system on the second phase of the 128MW Formosa I offshore wind farm in north-west Taiwan.

  • 12 July 2018
    Business & Finance, Operations & Maintenance, Ports & Logistics

    Singapore-headquartered offshore marine services provider, PACC Offshore Services Holdings Ltd. (POSH), and Taiwan-based logistics firm Kerry TJ Logistics have established a joint venture (JV) company POSH Kerry Renewables to provide integrated supply chain and marine solutions to the offshore wind sector in Taiwan. 

  • 25 January 2017
    Business & Finance, Wind Farm Update

    DONG Energy and Macquarie Capital have signed agreements to acquire a combined 85% ownership interest in the Taiwanese offshore wind project Formosa I from local developer Swancor Renewable. Completion of the transactions is subject to a number of conditions precedent including approval from the EU and from the Investment Commission under Taiwan’s Ministry of Economic Affairs, […]

  • 30 November 2017
    Business & Finance

    Swancor and TIPC Marine Corporation, part of Taiwan International Ports Corp. (TIPC), have entered a joint venture to develop, construct, operate and maintain offshore wind farms.

  • 12 December 2018
    Authorities, Business & Finance, Wind Farm Update

    Swancor has signed a power purchase agreement (PPA) with Taipower for the Formosa 2 offshore wind farm.

  • 27 March 2018
    Contracts & Tenders

    Siemens Gamesa’s Offshore CEO Andreas Nauen and Swancor’s Chairman Robert Tsai have signed two agreements in Taiwan: the first one focused on bringing additional local content to Taiwan’s offshore wind industry, followed by a memorandum of understanding (MoU) on the Formosa II offshore wind project. 

  • 14 March 2018
    Business & Finance

    Swancor aims to have 520MW of offshore wind installed in Taiwanese waters by 2020 and reach 2.6GW by 2025, according to its latest press release.