Partners Group has agreed to invest over US$200 million as the controlling shareholder in a Taiwanese solar power development platform on behalf of its clients, according to a company announcement.
Cathay Life Insurance, Taiwan's largest insurer and a subsidiary of Cathay Financial Holdings, is also acquiring a minority stake in the platform through a Partners Group-managed vehicle.
The platform has agreed to co-develop a portfolio of up to 550MW of solar power plants across Taiwan over the next three years with Sinogreenergy, a Taiwanese developer of photovoltaic power plants.
Partners Group and Sinogreenergy have al...
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