February 12, 2018 / 8:17 AM / 10 days ago

Germany's EnBW buys into wind projects in Taiwan

FRANKFURT, Feb 12 (Reuters) - German utility EnBW on Monday said it took stakes in three offshore wind projects in Taiwan with a volume of about 2 gigawatt, marking the first such investment outside Europe in the group’s renewables expansion.

EnBW said it acquired 37.5 percent in each of the three projects, adding it had entered a partnership with experienced energy infrastructure investor Macquarie an Taiwan-based Swancor.

No financial details were disclosed. (Reporting by Christoph Steitz; Editing by Maria Sheahan)

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