Orsted – Ørsted A/S: Ørsted brings in Cathay Life Insurance as investor in Greater Changhua 4 Offshore Wind Farm

Ørsted has signed an agreement with Cathay Life Insurance, the leading insurance company in Taiwan, and its affiliate Cathay Wind Power Holdings Co., Ltd, under which Cathay Life Insurance will acquire a 50 % ownership share of Ørsted’s 583 MW Greater Changhua 4 Offshore Wind Farm. 

Ørsted will continue to own the remaining 50 % ownership stake in the wind farm.

The Greater Changhua 4 site is part of our 920 MW offshore wind farms Greater Changhua 2b and 4, which Ørsted are currently constructing and expect to finalise by the end of 2025.

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