Transactions - SEPTEMBER 12, 2022

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GIP-backed Vena Energy expands development of offshore wind in Taiwan

by Kali Persall

Vena Energy, a portfolio company of Global Infrastructure Partners, has plans to launch two offshore wind projects to participate in auctions under Taiwan Phase 3 Offshore Wind Zonal Development.

The two projects, Wei-Na and Wei-Long, have a total capacity of 1.8 gigawatts. The 1,200-megawatt Wei-Na Offshore Wind Project will be located 20 kilometers (12.4 miles) off the coast of Miaoli County, with a site area of about 126 square kilometers (49 square miles). The 600-megawatt Wei-Long Offshore Wind Project will be located 43 kilometers (27 miles) outside Changhua County and spans an area of 76 square kilometers (29 square miles).

“Vena Energy has operated and invested across the Taiwan renewable energy sector for several years, successfully building over 400 megawatts of solar capacity,” said Will Feng, general manager of offshore wind development in Taiwan. “The selected offshore wind sites have been carefully assessed to exclude environmentally sensitive and r

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