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The fund has already raised more than $250m, mainly from Taiwanese life insurers, and will focus on attracting commitments from public pension funds over the next year.
Helge Rau, wpd’s head of M&A, explains why the country has been so successful, the lessons it can learn from Europe and why wind is driving Asian renewables.
The firm becomes the latest to embrace Taiwan’s renewables revolution, joining the less sought-after solar market.
Germany’s wpd has been selected to connect 1GW of capacity, while Ørsted and CIP will push forward with 900MW each.
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