Shareholders
And a region-defining partnership
The 50-50 partnership is the first of its kind in the APAC offshore wind sector and will help stimulate further opportunities in the Taiwanese market for offshore wind. Ørsted will retain 50% share of the Greater Changhua 1 Wind Farm and will deliver the long-term operations and maintenance (O&M) services to the project. MTH Ltd - being a joint-venture between CDPQ and Cathay PE - will retain the other 50%.
© Mourad Saadi - unsplash
CDPQ
Caisse de dépôt et placement du Québec (CDPQ) is a long-term institutional investor that manages funds primarily for public and parapublic pension and insurance plans. As at June 30, 20203, it held CAD $424 billion in net assets. As one of Canada’s leading institutional fund managers, CDPQ invests globally in financial markets, private equity, infrastructure, real estate and private debt.
Cathay PE
Cathay Securities Investment Trust (Cathay SITE) is the largest domestic asset management firm in Taiwan. As a subsidiary, Cathay Private Equity Ltd. Co. invests 100% of its capital domestically, targeting key industries in Taiwan’s sustainability development: Circular Economy (e.g., reuse of waste), Renewable Energy (e.g., solar and wind power), and the “Five-Plus-Two Innovative Industries” (e.g., IoT, long term care, new agriculture) supported by the government. All investments are environmentally sustainable, follow long-term trends, and fulfill necessities.
Our operational partners
All images © Ørsted
Ørsted
The Ørsted vision is a world that runs entirely on green energy. As a renewable energy major, Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. Ørsted is the only energy company in the world with a science-based net-zero emissions target as validated by the Science Based Targets initiative (SBTi), and aims to deliver a net-positive biodiversity impact from all new renewable energy projects it commissions from 2030 at the latest. Ørsted ranks as the world’s most sustainable energy company in Corporate Knights' 2022 index of the Global 100 most sustainable corporations in the world and is recognised on the CDP Climate Change A List as a global leader on climate action. Headquartered in Denmark, Ørsted employs 7,292 people. Ørsted's shares are listed on Nasdaq Copenhagen (Orsted). In 2021, the group's revenue was DKK 77.7 billion (EUR 10.4 billion)