Gentari takes up stake in Hai Long offshore wind project

From left: David Povall, executive vice-president of Offshore Wind, Northland Power; Mike Crawley, president and CEO of Northland Power; Sushil Purohit, CEO of Gentari; and Ghoh Ban Lee, head of global offshore wind, Gentari Renewables

KUALA LUMPUR: Clean energy solutions provider Gentari, through its subsidiary Gentari International Renewables Pte Ltd, has invested in the Hai Long offshore wind project located off the Changhua coast in the Taiwan Straits.

In a statement, the company said the investment sees Gentari taking a 49% stake in Canada-based Northland Power Inc’s ownership of the project, equivalent to a 29.4% indirect equity interest.