Page 17 - GreenEnergy

The Australian company Macquarie Group and Danish company Ørsted
are working with Taiwan's Swancor Renewable Energy in the development
of Formosa I in Miaoli. Swancor Renewable Energy is responsible for the
development, operations, maintenance, and management of the wind farm.
Ørsted will provide consulting services for the wind farm development.
Macquarie Group will provide financial consulting and financing services. In
addition, Swancor Renewable Energy is also working with Macquarie Group
on Formosa II in Houlong, Miaoli, and is working with Macquarie Group and
EnBW of Germany in the development of Formosa III.

In addition, Ørsted has identified the crucial role of the Port of Taichung
in the construction and operations of Taiwan's offshore wind farms and
announced its lease of Taichung Port facilities and auxiliary land for 20 years
in February 2020. The facilities and land will be used for the construction of
the "Greater Changhua Offshore Wind Farm" and serve as its flagship O&M
center in the Asia-Pacific region. The site is expected to be completed and
inaugurated in 2022.

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